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Share premium for a Private Limited company

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03 December 2008 My company [will register this dec] has authorized capital of Rs.50 lakhs [5 lakh@10] and paid up capital of 5 [.5 Lakh @10] Lakhs. It is a Pvt Limited company. I have a plan to collect another 5 Lakh[.5 Lakh@25] from others with premium as we have some intellectual property. I would like to confirm that this is not against any rules. Please guide me on this case

Regards
Anil Jacob

19 February 2009 yes, you can do so.
Private limited company can issue shares on premium.
thanks



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