If in any problem , High Court orders to reduce Face Value of Equity Shares under Recounstruction scheme , then does it have any impact on Authorised Capital ?
2 Replies
Palash Gupta
(Student...Hoping to pass Inter)
(892 Points)
Replied 11 August 2012
No there wl nt b an impact on authorisd capital..!it wl effct 2 thngs.!!the paid-up capitl nd d capital reserve a/c..:)
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