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1947 Views 5 Ans

whether blance in share premium account to be included for limit of paid up capital to eligible as small company

Small Company

Posted By: Purushottam lal agrawal 9 year(s) ago

This question has been closed if you want to answer,you have to re-open.


    s.m.a.millath

No. Definition of Paid Up Capital is given in Sec 2(64). There is no ambiguity.

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    VISWANATHAN ARUNACHALAM

hare premium is part of reserve &surplus account as per accounting standards, but where as share capital is altogether different from reserve and surplus., hence., it should not be included for the limit of paid-up capital regds viswanathan arunachalam - See more at: ht

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    VISWANATHAN ARUNACHALAM

share premium is part of reserve &surplus account as per accounting standards, but where as share capital is altogether different from reserve and surplus., hence., it should be included for the limit of paid-up capital regds viswanathan arunachalam

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    Anita

there is no such requirement

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Expert    Ankit Singhi

no it will not be included

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