Company capital

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1 Points Posted on 16 July 2020
is unsubsribed capital reissued???
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On 16 July 2020 at 10:04 Report
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Quick Summary
Unsubscribed capital in a company can indeed be reissued. This means shares that were authorised but not taken up by investors can be offered as a fresh issue. Reissuing these shares will result in an increase in the company's paid-up capital.

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Practicing Chartered Accountant
2481 Points Posted on 16 July 2020

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.

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On 16 July 2020 at 10:21
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122 Points Posted on 16 July 2020

Yes it can be freshly issued.

It will increase the paid up capital of the company.

 

 

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On 16 July 2020 at 17:44
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delhi
720 Points Posted on 23 July 2020
Yess it can be issued
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On 23 July 2020 at 22:18

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