Authrised share capital
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 February 2010
Is it necessary that the authorised share capital should in multiples of 5 or 10s ....
Or that it can be any odd figure???
Please give the ref. also
Or that it can be any odd figure???
Please give the ref. also
19 February 2010
There is no legal restriction, to the best of my knowledge. But it would be preferable to have even figure as face value of shares. if you want odd figures you can go for stocks.Please note that share includes stock also as per the Act.
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 February 2010
Will 2500640 do ? Shares are of Rs.10 each
19 February 2010
left to your free will and pleasure
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