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When activities of the company are increasing day by day and pursuant to that company need funds by the way of borrowing and capital infusion then the company has option to increase its paidup share capital up to the level of its authorised share capital. Hence whenever there is the need to have finance to meet liquidity and other financial requirements on short term basis to keep, maintain and have consistent growth of the business of the company and for that purpose increase in the capital is the immediate requirement.
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Bank statement
List of Proposed allottees.
Authorised Letter
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A aid-up capital is money that a company has received from the sale of its shares, a company.
Paid-up capital represents money that is not borrowed.
NO, there is no any limit for paid up capital.
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