increase in share capital
This query is : Resolved
Panduranga
(Querist)
07 October 2010
ours is a pvt ltd co.incorporated in 2003, the face value of share is Rs.10/-,we are taking share capital from our promoters,how we have to calculate the face value now.what is the procedures
Aditya Maheshwari
(Expert)
07 October 2010
Face value of shares cannot change except via change in the general meeting. So face value will be Rs. 10/- only if not changed via any general meeting.
Ajay Mishra
(Expert)
13 October 2010
Dear Friend
Please check, at the time of taking money from promoters the face value of shares is Rs. 10 and if yes you can take this price for calculating the no. of shares to be allotted against the said amount.
The company has two type of price, i.e. face value price and issued price.
Regards
Please check, at the time of taking money from promoters the face value of shares is Rs. 10 and if yes you can take this price for calculating the no. of shares to be allotted against the said amount.
The company has two type of price, i.e. face value price and issued price.
Regards
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
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
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
