Share holding patter pvt co.

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

15 November 2011 Dear Sir,
A pvt. Ltd. company having 20 share holders, we want to issue shares to only 4 share holders is it possible, if yes what's the procedure.

Thanks :

Dwivedi

CA Chitresh Gupta

CA Chitresh Gupta (Expert)
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15 November 2011 Dear Mr. Deivedi

The term shareholder in itself signifies that the the person is holder of shares specified therein.

Hence, if a person is shareholder, the shares should be allotted to him.

Regards

CA. Chitresh Gupta

RG - A Helping Hand

RG - A Helping Hand (Expert)
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15 November 2011 Section 81 which talks about right issue is not applicable to a private company.

Hence by passing a board resolution you may allot new shares to 4 shareholders. Within 30 days of passing board resolution file form 2 with ROC.

RG

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