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Share capital of co.op. hsg. soc.

(Querist) 03 December 2015 This query is : Resolved 
HOW TO ARRIVE AT MINIMUM AMOUNT OF SHARE CAPITAL REQUIRED IN CASE OF CONSTRUCTION OF NEW BUILDING?

(WE HAVE DEMOLISHED THE OLD BUILDING & CONSTRUCTED NEW BUILDING. COST OF CONSTRUCTION OF OLD BUILDING WAS ABOUT RS. 4 LACS, HOWEVER, COST OF NEW BUILDING IS ABOUT RS. 90 LACS.)
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Guest (Expert) 03 December 2015
Another academic question from Mr. Vinayak!
Rajendra K Goyal (Expert) 03 December 2015
No reply to academic query.

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