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ISSUE OF SHARE CAPITAL

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(Querist)
25 January 2011 WHAT ARE THE PROCEEDURES FOR ISSUING SHARE CAPITAL BY A PRIVATE LIMITED COMPANY
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Jayashree S Iyer

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Jayashree S Iyer (Expert)
25 January 2011 1) If the issue is within the authorised share capital, hold a Board Meeting and pass necessary resolution for allotment of shares and authorise the directors for signing the share certificate.
2) Issue share certificate duly signed by 2 directors under the common seal of the company.
3) Make necessary entries in the Register of Members
4) File Form 2 with ROC within 30 days of allotment of share. Attach list of allottees.
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CS Taher

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CS Taher (Expert)
25 January 2011 Agree with expert..
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