the paid up share capital of the pvt. ltd co. is 100000/- and the share application money is 83 lacs, can the company retain the private limited name and issue shares by increasing the sahre capital.
the share holders are less than 7
shilpa
2 Replies
S.Srinivasaraghavan
(Chief Financial Officer and Co)
(11318 Points)
Replied 08 July 2008
There is no upper limit for capital, as long as the authorised capital in Memorandum takes care of it.
CA Rajesh S
(Chartered Accountant)
(1581 Points)
Replied 08 July 2008
check up if the paid up cap + 83 lacs is less than authorised capital of the Co. If not u can always increase the authorised capital and issue the shares for Rs 83 lacs.
Recent Topics
- GST registration for medical shop in Karnataka
- Hsshs me know if you are free number of the
- Chu Kang and the situation of the situation and I
- How to reverse wrong transaction payment in phonep
- Paytm wrong transaction
- How to reverse wrong transaction payment in phonep
- Issue with refund for person who has filed for rel
- How to take ITC for October 2024 GST Payment in PM
- How to refund a wrong transaction Phone Pe?
- Avoiding tax audit in case of intraday equity loss
Related Threads
CAclubindia
