Does authorized capital of a pvt ltd company needs to be subscribed fully by first subsribers while incorporation??
3 Replies
manoj
(student)
(5205 Points)
Replied 12 February 2017
No only issued capital should be subscribe fully
if Authorized capital is 100 and Issued capital is 50 then you have to subscribe only 50
on the contrary you can subscribe only 50
Kriti Bareja
(Company Secretary)
(45 Points)
Replied 14 February 2017
No, subscribed capital is the part of the issued share capital. the subcriber may or may not subscribe the entire authorised share capital. So it may be different from the Authorised share capital.
Kriti Bareja
(Company Secretary)
(45 Points)
Replied 14 February 2017
No, subscribed capital is the part of the issued share capital. the subcriber may or may not subscribe the entire authorised share capital. So it may be different from the Authorised share capital.
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