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If while incorporating company Authorized capital = 10lac , Paid-up Capital= 1lac . Does it means that I Owns 10% of total shares in company ?

Hi,

If your company has Authorized capital as 10 Lakhs and Paid up capital is 1 Lakh, that means you can offer 9 Lakhs of shares to another shareholder or to yourself in future.

Lets say you have authorized capital of 10 lakhs and the share value of the company is 10 rupees per share at the time of incorporation then you can issue maxi...


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