24 March 2011
Would anyone Please explain me the following terms: Authorised capital and Subscribed capital, Preference shares.
In my case: the Authorised capital is 1,00,000/- and the euity share value is Rs.10/-
and please help me out to fill the following:
(a) Authorised capital of the company ( in Rs.) - 1,00,000.00 Break up of Authorised capital: Number of equity shares - 10,000 Total amount of equity shares (in Rs.)-? __________. Nominal amount per equity share-? _________. Number of preference shares-? ___________. Total amount of preference shares (in Rs.)-? _____________. Nominal amount per preference share-? __________. (b) Subscribed capital of the company ( in Rs.)-? _________. Break up of Subscribed capital: Number of equity shares-? __________. Total amount of equity shares (in Rs.)-? __________. Nominal amount per equity share-? __________. Number of preference shares-? __________. Total amount of preference shares (in Rs.)-? ____________. Nominal amount per preference share-? ___________.
24 March 2011
a) Authorised capital of the company ( in Rs.) - 1,00,000.00 Break up of Authorised capital: Number of equity shares - 10,000 Total amount of equity shares (in Rs.)-? 1,00,000/-. Nominal amount per equity share-? 10/- Number of preference shares-? 0 Total amount of preference shares (in Rs.)-? 0 Nominal amount per preference share-? 0 (b) Subscribed capital of the company ( in Rs.)-? 1,00,000/- Break up of Subscribed capital: Number of equity shares-? 10,000 Total amount of equity shares (in Rs.)-? 1,00,000/- Nominal amount per equity share-? 10/- Number of preference shares-? 0 Total amount of preference shares (in Rs.)-? 0 Nominal amount per preference share-? 0
Paid up capital bifurcation would also be on the above lines viz., 1,00,000/- equity and 0 preference.
24 March 2011
What if the directors of the company is given shares. I mean 2 directors have 50%-50% share on the company, will the figure change in form 1?
CAclubindia
