increase of authorised capital

This query is : Resolved 

03 September 2009 what is benefit/disadvantages for increase of authorised capital by the company

03 September 2009 Mainly there is no direct advanatage but there is scope for fund expansion if needed

03 September 2009 No direct advantage. But there is a indirect benefit.

Paid up share capital of a company can not be more then the authorised capital of the company.

If your paid up and authorised capital are same you can not issue further share and can not inject more money in the company.

Regards




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries