Jyoti (Company Secretary) 13 November 2009
A pvt. Ltd. Co. in which subscribed capital is Rs. 300000/- at the time of incorporation and there was three subscribers to the Memorandum.
One of them is not paid money at the time of allotment.
Wat should we do for his shares i.e. for 10000 shares for which his name is already mentioned in MOA and we are not getting any subscriptttion money from him.
Now the queation is wat is subscribed, paid up and issued capital of the company. 
A V Vishal (Advocate) 13 November 2009
Jyoti
The Issued & Subscribed share capital is Rs.300,000 The paid up capital is Rs.200,000 and call in arrears is Rs.1,00,000/-. Further it is not necessary that all the shares subscribed in the MOA is fully paid up.
Jyoti (Company Secretary) 14 November 2009
wat we do for his 10000 shares of rs. 10 each as he will never gve the money and is it life time shown as calls in arrear of Rs. 100000?
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