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Doubt about subscribed capital

Corporate & Other Laws

Is that answer shown below is correct or not

Remya Raveendran

CA Inter

★ 270

05-Oct-21 11:47

583

Answers (7)

Best Answer

Subscribed capital is 7,00,000 shares and is correct as per image attached first. The one given in study material is incorrect

CA Suraj Lakhotia

Admin

05-Oct-21 14:53

Correct

Venkata sai Reddy

CA Inter

★ 6K+

05-Oct-21 11:56

Yes

CA YOGITA HARJANI

Faculty

05-Oct-21 11:57

CA YOGITA HARJANI Faculty

Yes

Thank you madam Your teaching style is excellent. ð???

Venkata sai Reddy

CA Inter

★ 6K+

05-Oct-21 11:59

CA YOGITA HARJANI Faculty

Yes

Mam But in institute material the answer is different

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Thread Starter

Remya Raveendran

CA Inter

★ 270

05-Oct-21 12:18

CA Suraj Lakhotia Admin

Subscribed capital is 7,00,000 shares and is correct as per image attached first. The one given in study material is incorrect

Isn't there a over subscription sir??

Gauri Shete

CA Final

★ 5K+

05-Oct-21 18:46

Balance would be returned

CA Suraj Lakhotia

Admin

05-Oct-21 18:47