19 April 2018
Hi, private company authorize capital 1,00,00,000 and list of subscriber follow: W (DIRECTOR) 35% X (DIRECTOR) 15% Y (DIRECTOR) 1% Z (DIRECTOR) 25% A (SHAREHOLDER) 24%
Company want to Increase Authorize capital one crore to five crore.So it is necessary already authorized capital ( I mean 1,00,00,000) should be fully paid up and if yes then which mode is better private placement and right issue
CAclubindia
