Hello Friends,
I have added as an additional director to a pvt ltd company and as per the board meeting directors decided to transfer 15% of shares on my name. Please let me know the procedures to complete this task and is there any shares added once I became director. Please advise.
Thanks
Uma
what are the implication of various rules if NR indivisual purchases 75% share in indian pvt ltd co.?
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CA Harikesh Misra
A Pvt Limited Company having Subscribed & Paid Up Capital of Rs. One Lakh divided into 10000 equities of Rs. Ten each. Two Indian shareholders are holding 100% shares. A foreign national now willing to buy all shares. As on 31.3.2012 earning per share is Rs. 20.00.
Now approximately what would be the projected share value as on 31.3.2017 on 'discounted cash flow fund' method to come clear with RBI.
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Shares for new director..