Issue of shares at premium
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
31 December 2014
Dear Sir,
I have incorporated a company with 2 directors and i have issued shares of 5000 @10/- to each director.Now i have added 2 more directors and want to issue shares to them at premium, 5000 Shares @100/- (90 Premium).my question is whether i need to collect premium amount from old shareholders also or i can continue with new shareholders.
I have incorporated a company with 2 directors and i have issued shares of 5000 @10/- to each director.Now i have added 2 more directors and want to issue shares to them at premium, 5000 Shares @100/- (90 Premium).my question is whether i need to collect premium amount from old shareholders also or i can continue with new shareholders.
01 January 2015
Only for new shareholders as this will be new allotment. Also refer section 52 of companies act, 2013 for usage of securities premium account.
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
- Depreciation of fixed assets- coop housing society in mumbai
- Reopen of assessment proceeding
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- TDS on Consultancy- Non DTAA
- DIN reactivation
- Rental income gst and it purpose
- Query – TDS on purchase of land from NRI under Income-tax Act, 2025
- Eway bill generation from place other than registeted
- GST rate and HSN code for sale of racing horses
- EPF FULL & FINAL RULES IN 2026
- 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
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
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
