Unsubscribed capital shall be fresh issue.
For eg : Authorised Sh Capital - 5 Lakh
Subscribed & Paid up - 1 Lakh
Balance 4 Lakh share which are unsubscribed can be fresh issued.
Yes it can be freshly issued.
It will increase the paid up capital of the company.
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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CAclubindia
