Should the Authorised Capital of the Company today include the number of equity shares that will be issued at the time of conversion?
Should the Authorised Capital of the Company today include the number of equity shares that will be issued at the time of conversion?
Its not necessary to increase the authorized capital at this point, but later at the time of conversion if the authorized capital falls short then that time you can increase the same.
Karia Overseas
Ahmedabad
CA
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Aggarwal Sarawagi and Co
New Delhi
CA
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SSGS and Associates
Chennai
CA Inter
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