If in any problem , High Court orders to reduce Face Value of Equity Shares under Recounstruction scheme , then does it have any impact on Authorised Capital ?
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Need help in internal reconstruction a/c
Replies (2)
No there wl nt b an impact on authorisd capital..!it wl effct 2 thngs.!!the paid-up capitl nd d capital reserve a/c..:)
nope there will be no impact on Authorised capital
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