A private limited is incorporated with Rs. 5,00,000 authorised share capital.
divided into 2,50,000 class A shares of Rs.1/- each and 2,50,000 class B shares or Re. 1/- each. The difference is that class A shares have 1:1 voting rights and class B has 1:10 voting rights.
While issuing the share certificates. Should it be mentioned somewhere what class of shares are being issued?
regards
Ravi
CAclubindia
