Can any one help understand the terms "Authorised capital" (under that - Equity shares and Preference shares) and "Subscribed capital" (under that - Equity shares and Preference shares)
And Please help me work this out: [Authorized Share Capital of the Company is Rs. 1,00,000 divided into 10,000 EQUITY SHARES OF Rs. 10/- EACH. The are two Directors in the company and have equal share.]
Break-up of Authorised Capital: No. of equity shares: 10,000 Total amount of equity share (Rs): 1,00,000 Nominal amount per equity share: ? No. of preference shares:? Total amount of preference shares (Rs):? Nominal amount per preference share:?
Subscribed capital of the company (Rs):? No. of equity shares:? Total amount of equity share (Rs):? Nominal amount per equity share:? No. of preference shares:? Total amount of preference shares (Rs):? Nominal amount per preference share:?
23 June 2011
in simple terms 1. authorized share capital means the maximum amount of capital a company can issue, it's re also called registered capital 2. Subscribed capital: a portion of authorized capital is issued for subscription by the company, and the part of issued capital which is subscribed by public is called, subscribed capital
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