Dear Expert,
We have unsecured loans from our directors for approximately Rs. 100 lacs out of this we want to issue equity shares amounting to Rs. 76 lacs.
Is it possible to issue Equity shares from unsecured loan? If yes. then what is the procedure of the same.
Reply as soon as possible.
In case of preferential allotment of an unlisted Company the price is to be determined on the basis of the valuation report submitted by CA. Rules also says that the price should not be less than the price mentioned in valuation report. In my case as per the valuation report the price per share is Rs. 12. Face value is Rs. 10 per share. Company intends to issue shares at Rs. 25 per share (i.e. Rs. 10 Face value and Rs. 15 premium). The shareholders are also ready to invest in the shares of the Company at Rs. 25 per share. So can Company make allotment at a price of Rs. 25 per share which is greater than Rs. 12 per share as mentioned in valuation report. ? If yes how can we justify. ?
Hello
I want to register a rented accommodation as the registered office of a proposed company. But the original rent deed between owner and the tenant(husband of proposed director) does not allow any sub lease.
Please advice me how to make it registered office.
IS PAS-3 FOR ALLOTMENT OF SHARES REQUIRED AFTER INCORPORATION OF A COMPANY FORMED WITH TWO PROMOTER AND SUBSCRIBER TO THE MEMORANDUM WHO WILL BE BE THE SHAREHOLDERS CUM DIRECTORS AFTER INCORPORATION BY SUBMITTING INC-1,7,22,DIR-12 AND CERTIFICATE OF INCORPORATION OBTAINED.
Dear sir,
Which form actually required for change of address of registered office of an existing pvt. ltd. company.----Form 18 or form INC-22,.
Please inform as soon as possible. Its very urgent
Thank You.
ajoy singh
suppose there is a partnership firm ( can be Registered and unregistered ) Can it become subscriber to the MOA ? if yes who will sin the MOA authorized partner or all partners and whose name will be written on subscribers page
Dear Sir,
Please provide me Drafted CTC of necessary Resolutions as per sec. 180 of Co. Act, 2013.
we are renewing loan taken from Syndicate bank of Rs. 40 Lacs.
In case of right issue, can after renunciation, shares b issued to Nri at price higher than right issue and to others at right issue price.
Hi Experts,
Can anyone please clarify the sentence "Break in the term for a continuous period of 5 years will be considered as fulfillment of criteria of rotation"?? if one auditor has retired from office after holding 2 years and took a gap of 2 years and again appointed for the same company for a period of 3 years. isn't cooling period of 5 years apply??
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