Pvt ltd company
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
24 May 2012
Company X is Pvt ltd Company.
The Share capital of the company is 5,00,000/- Divided into 5000 equity shares of Rs 100/- with a power to reduce capital from time to time
While the paid up capital is 1lac.
Whats is the procedure to increase the paid up capital?
The Share capital of the company is 5,00,000/- Divided into 5000 equity shares of Rs 100/- with a power to reduce capital from time to time
While the paid up capital is 1lac.
Whats is the procedure to increase the paid up capital?
24 May 2012
1) Convene a board meeting and pass resolution to issue shares to shareholders. The shares to be issued thus should be with in the limits of authorised capital.
2) e-file form 2 with in 30 days of the board meeting.
2) e-file form 2 with in 30 days of the board meeting.
Querist : Anonymous
Querist :
Anonymous
(Querist)
29 May 2012
What is the Legal recourse that the Director whose Shares have been reduced to say 5-6% take given the fact that the Paid up capital is increased by the other 2/3 directors. Can he still claim relief U/S 560 or for that matter any other section.
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
- Reopen of assessment proceeding
- Is any professional CA is here please reply
- Rental income gst and it purpose
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- Gift Received from nonblood relative
- EPF FULL & FINAL RULES IN 2026
- Reprocessing of rectification order AY 2025-26
- FTS Taxable under 115A
- Experts need help
- Foreign lottery ticket bought online from India: legality, tax and consequences
- Section 50-fixed asset-->building ceases to exist
- Fixe term employment
- 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
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
