20 December 2013
Company having Authorized share Capital of Rs. 10 Cr. divided into 10 lacs equity share of rs. 100/- each. At present Rs. 6 Cr Subscribe and paid up capital of the company.
Whether the existing Authorized Capital of rs. 10 Cr. can be divided into 8 lacs Equity Share Rs. 100/- each as and 2 lacs 12% redeemable preference of Rs. 100/- each without increasing the authorized capital.
CAclubindia
