Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. q.no.3 a) as of 31st march 2019, the paid-up share

Q.No.3 a) As of 31st March 2019, the paid-up share capital of Sitara Ltd is...

80.2K

Verified Solution

Question

Accounting

Q.No.3 a) As of 31st March 2019, the paid-up share capital of Sitara Ltd is Rs 10,000,000/- divided into 1000,000/- equity shares of Rs 10 each. Of this H ltd is holding 600000/- equity shares and 400000 shares are held by others. On the basis of this given information, answer if Sitara may issue further shares if the Authorized capital is 10,000,000/- with reference to the provisions of the Companies ordinance 1984 and Companies act 2017.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

A simple random sample of 60 items resulted in a sample mean of 75. The population...

Basic Math
Q

DNA polymerases in all organisms add only 5’ nucleotides to the 3’ end of a growing...

Biology
Q

Consider the titration of a 28.0 −mL sample of 0.175 M CH3NH2 with 0.155 M HBr....

Chemistry
Q

A 2 0 kg hoop 1 MR2 rolls without slipping on a horizontal surface so...

Physics
Q

Complete the truth table given below for the conditional statement p a A q p...

Basic Math
Q

A statistics student takes a pop quis that consists of three true false questions. Let's...

Basic Math
Q

Solve the equation for x cot r 1 0 STEP 1 Subtract the constant from...

Calculus
Q

Using the information below, calculate gross profit for the period. Sales revenues for the period...

Accounting
Q

amortization of premium using the straight-line method. If an amount box does not require an...

Accounting
Q

View transaction list Journal entry worksheet ints

Accounting
Q

these are some questions about simulation game (Capsim) on business. please write your idea about...

Finance
Q

can anyone help? thank you

Accounting