Hello,
Matter related to Private Company-i am reissuing 5000 forfeited shares of F.V. 100/- each, 80 already paid. Now while reissuing i have to file PAS-3 or not?
Hello Members,
When Party paid shares are forfeited by Pvt Company, In balance sheet the amount reflecting under head Share Capital is total of fully paid up and forfeited shares amount.
While filing Form MGT -7 the details of year closure period here the amount Issued capital, Subscribed capital and Paid up capital is to be mentioned
My query is
1. Whether in Issued capital, Subscribed capital does the forfeited shares amount is also to be added? {as the amount for partly paid shares were received}
2. Paid up Capital amount is to be reduced by number of shares forfeited? then the master data of the company will start reflecting only paid up amount?
Can any one help in resolving my above two queries.
