Share capital related

Listin company is only authorised and not subscribed 10 Lakh

Subscribe only by member and not by company

Further you can issue any number of shares in Parts upto Authorised

Thanks for the reply sir.

My question is if a private company is recently incorporated with authorized capital Rs 10 lakhs and subscribed capital 10 lakh. Can the company issue only 2 lakhs to the subscribers for the time being, and call the rest in future as and when required.  Please guide

Ya you can issue