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sir a company wants to raise authorised capital of 1 lakh the face value of share is 20rs. total shares are 5000 if the company issued this shares at rs 30 we will actually credit the addditional amount to securities premium but 5000 shares @ rs 30 share is 1 50 000 which is more than authorised capital explain this


Prasanth kumar Kamisetty

Prasanth kumar Kamisetty

CA Foundation

11K+

23-Oct-20 09:14

11

Answers (3)

Authorised capital is with respect to Face Value only.


Suraj Lakhotia

Suraj Lakhotia

Admin

23-Oct-20 10:16

Authorised capital is with respect to Face Value only.

Ok dir


Prasanth kumar Kamisetty

Prasanth kumar Kamisetty

CA Foundation

11K+

23-Oct-20 10:17

Ok dir

Ok sir


Prasanth kumar Kamisetty

Prasanth kumar Kamisetty

CA Foundation

11K+

23-Oct-20 10:31

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