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What is paidup capital and why should the org increase the
paid up capital?
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Answer Posted / ravi
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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