Dear ALl,

please forward me one draft letter to be send to the shareholders of one Ltd Company stating that since the Company is overburdened with loans and losses, Directors of the Company are proposing to sell of the Company to a buyer who intend to purchase the shares provided 95% is in his name. Directors believes that Company cannot wipe off this losses for next 5 years also. hence it is beneficial for shareholders to sell off their shares for 5% of its value rather than gaining nothing due to liquidation of the Company.

i am in urgent need of draft letter for the same and beg your help to draft the same.

if anybody has experienced or anybody has draft of such types of letters to shareholders please share it with me also.

eagerly waiting for your help...

regards,
Shital

Dear All,
please suggest me good solution for this:
Authorised Share Capital of the Company is Rs. 500000 ( 50000 Equity shares of Rs. 10/- each)
ABC Pvt Limited shareholding pattern:
Mr. A: 500
Mr. B: 500
M/s PQR Private Limited: 4500
M/s ST Private Limited:4500

we want to increase the share capital of the company upto ____ shares so that PQR Pvt Ltd shareholding remains 5% 0r below but other shareholders shareholding increases correspondingly.

please suggest one good method.
wht if i undergo throuh 81(1A) method?

waiting for your expert opinions.....

regards,

Shital

Hey all

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Hi Friends


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