A Partnership firm convertd into a Joint stock company, under Chapter IX of Companies Act,1956. Now is it possible to raise either paid up capital or authorised capital of this new (converted) company? It was suggested to me that there are some restrictions on doing the same. If it is true then can anyone tell me under which clause or section it is restricted?
Menu
Raise of Authorised capital
Replies (1)
Find a useful attachment and check page 5 for increase in AC
Recent Topic
- NPS Premature withdrawl -Tier 1 Account
- Provident fund taxation
- ITR3 AY 26-27 Error in filling status
- Queries on TDS as per IT
- Capital Gains set off on Sale of Land if held for
- ITR Form for income from freelance consultancy
- Gst rate for HSN code 28530010
- Health Insurance
- India GST Mobile App
- Reporting STCG on non equity oriented MF
Related Topics
CAclubindia
