Form 23ac- pvt. co.
This query is : Open
25 October 2012
The Board of Drs. of a Pvt. Co., duly authorised by its articles, issued further shares to existing and new shareholders during the year. Now the Company in Form 23AC needs to specify type of further issue of shares. Pls guide will this issue be termed as:
(a) Private Placement; or
(b) Preferential issue; or
(c) Others
(a) Private Placement; or
(b) Preferential issue; or
(c) Others
25 October 2012
Hi
The provision of section 81(1A) is not applicable to private limited company so the preferential issue will not be applicable.
You can use Private placement but you should also check what you have mentioned in Form-2 and Board Resolution for such allotment.
The provision of section 81(1A) is not applicable to private limited company so the preferential issue will not be applicable.
You can use Private placement but you should also check what you have mentioned in Form-2 and Board Resolution for such allotment.
30 October 2012
Term 'further issue' only was mentioned in the Board resolution and form 2 also doesn't ask for such classification.
However, such issue needs to be classified in Annual e-form
However, such issue needs to be classified in Annual e-form
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS 194-T applicability
- GST ITC REVERSE
- Fixe term employment
- Is any professional CA is here please reply
- Putting a heading on received mail
- Consolidated financials
- TDS on TRUST
- Reprocessing of rectification order AY 2025-26
- Section 50-fixed asset-->building ceases to exist
- RCM ISSUE ON RENT AND TRANSPORTATION CHARGES
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
