What is paidup capital and why should the org increase the
paid up capital?
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Answer / mohankumar r
The total amount of shareholders capital that has been paid
in full by shareholders.Organisation increases the paid up
capital to raise fund for the new business or old entity.
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Answer / raghs
any increase in the paid up capital increases the ability of
a company to raise more money from public there by
increasing the capital.
| Is This Answer Correct ? | 10 Yes | 3 No |
paid up capital is the capital which is paid by the
shareholder to the company like 1st call 2nd call,3rd call
the increasing of the paid up capital cannot be raised as it
self before increasing the paid up capital of a company it
should be informed to memorandum of association and make
necessary changes the organization could increase the paid
up capital as it was in profits then only paid up capital
could beincreased
| Is This Answer Correct ? | 2 Yes | 0 No |
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