'XY ltd.' is registered with an …
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'XY ltd.' is registered with an authorized capital of 10 crore of rupees. The paid-up capital of the company is 6 crore of rupees. The company was facing shortage of funds. The management of the company decided to raise funds by issue of 1,00,000 equity shares of 100 rupees each. The issue was fully subscribed. After this it was realized that the funds raised were in excess of the actual requirement.
Identify and define the concept which was not considered by the company before deciding the amount of funds to be raised.
Posted by Apeksha Verma 4 years, 9 months ago
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