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Section 42 of companies act 2013

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Querist : Anonymous

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Querist : Anonymous (Querist)
07 May 2015 A Pvt.Company having Authorized Capital & Paid up Capital of Rs. 50 lacs wants to issue further shares to its non-existing shareholders through Private Placement u/s 42. what are the Formalities Company needs to be complied with??
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CS Mitesh Mehta

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CS Mitesh Mehta (Expert)
13 May 2015 you may refer the link below

https://taxguru.in/company-law/procedure-private-placement-shares-companies-act-2013.html
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