Feedback by Vinayak Hosur student pulp paper science Bangurnagar Degree College Dandeli
25 Mar 2021
SP Case study 2018
After obtaining the certificate of incorporation from the registrar of joint stock companies, the promoters and directors of a public limited company proceed to collect the required amount of capital to commence the business of the company. The public company can raise the required amount of capital by approaching the public or without approaching the public. The promoters and directors of the company are not sure enough to collect the minimum required capital privately.
With reference to the above, case let . I would like to answer the following questions:
1. How the public company collects the required amount of capital to commence its business
2. What is the minimum amount of capital a public company has to collect?
3. Within how many days a public company has to collect minimum required capital?
4. What type of agreement a public company enters into to collect the minimum amount of capital?
5. What will be the effect if the public company fails to collect the minimum required capital within the stipulated period?
6 Jun 2020
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