Question

XY Ltd.' is registered with an authorised capital of 10 crore. The paid-up capital
the company is 6 crore. The company was facing shortage of funds. The managem
of the company decided to raise funds by issue of 1,00,000 equity shares of 100 ea
The issue was fully subscribed. After this it was realised that the funds raised were
excess of the actual requirement.
Identify and define the concept which was not considered by the company bef
deciding the amount of funds to be raised.
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Answer 1

Answer:

__€_____________

___________€__________