Procedures to issue paid up share capital at premium
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
18 November 2010
eg. the authorised share capital of pvt ltd company is 1 cr, paid up capital of rs. 5 Lacs and it wants to increase the share capital
1. eq sh Rs.50 Lacs and rest 50 Lacs by way of sh premium
2. eq sh of Rs.95 Lacs
3. eq sh rs. 50 lacs and rest by way of convertible preferential share.
out of the 3 methods which is more appropriate?
what is the procedure to be followed ?
what is the fees incurred that will be applicable/ payable?
1. eq sh Rs.50 Lacs and rest 50 Lacs by way of sh premium
2. eq sh of Rs.95 Lacs
3. eq sh rs. 50 lacs and rest by way of convertible preferential share.
out of the 3 methods which is more appropriate?
what is the procedure to be followed ?
what is the fees incurred that will be applicable/ payable?
CA Sanat Pyne
(Expert)
22 November 2010
OPTION 1 IS BEST.
FILE FORM 2 FOR SHARE ALLOTMENT AND FEES WILL BE 500/-
FILE FORM 2 FOR SHARE ALLOTMENT AND FEES WILL BE 500/-
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