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Can there be companies without share capital? If yes then how?

Raviteja Kusumanchi

CA Final

★ 24K+

10-Mar-20 20:07

481

Answers (5)

Yes there can be . For example one person company , where there can be only one member , so no question of share capital , Or Any other company which uses debt to finance itself and not raising money from public

Rajath Tumma

CA Inter

★ 2K+

11-Mar-20 15:29

Rajath Tumma

One person does not mean no share capital.

CA Suraj Lakhotia

Admin

11-Mar-20 17:56

Guarantee companies may not have share capital.

CA Suraj Lakhotia

Admin

11-Mar-20 17:57

If guarantee company does not have share capital who will give the guarantee? Because it is usually the shareholders who give the guarantee

Thread Starter

Raviteja Kusumanchi

CA Final

★ 24K+

11-Mar-20 18:04

Hope it helps!!!

VIJAYA SARADHI MAGANTI

CA Inter

★ 850

12-Mar-20 21:37

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