Issue of shares at premium
This query is : Resolved
11 June 2013
i have registered a private company with authorised capital of rs. 2,00,000 and issued & paid up capital of rs. 1,00,000 at fsce value of Rs. 10 each. ( No premium at the time of Registration ).
Now i want to issue further shares at premium of Rs.50. ( all the shares will be subscribed by one shareholder only )
Can i do the same and what is the procedural requirement ?
Hope i have explained my query.
Now i want to issue further shares at premium of Rs.50. ( all the shares will be subscribed by one shareholder only )
Can i do the same and what is the procedural requirement ?
Hope i have explained my query.
CS Ankur Srivastava
(Expert)
12 June 2013
yes you may do the same.
As your company is a private company. Just pass Board Resolution and allot the shares and file form 2 for Return of allotment.
As your company is a private company. Just pass Board Resolution and allot the shares and file form 2 for Return of allotment.
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