Dear Sir,
A private limited company issues additional share capital of Rs.120000 (1200*100) on 17.03.2012 which is with in the limit of authorised share capital. The shares are fully subscribed. But share application money of Rs.84000(70*1200) only paid by the applicants before 31.03.2012 . subsequent calls are made by the company on 12.12.2012 & fully paid up by 25.12.12. when E Form 2 to be filed. is the presention as below is sufficient ?
issued capital - 120000
subscribed capital -120000
share application money pending allotment - 84000
CAclubindia
