Shares issue in private company
This query is : Resolved
19 September 2011
Hi All,
Can experts answer me that:
1) what is the procedure of issing share capital in case of Private Company?
2) Board of Directors are authorised in case of further issue of capital, if authorised by Articles of Association(AOA)? if not authorised by AOA then what to do?
Thanks in Advance!!!
Can experts answer me that:
1) what is the procedure of issing share capital in case of Private Company?
2) Board of Directors are authorised in case of further issue of capital, if authorised by Articles of Association(AOA)? if not authorised by AOA then what to do?
Thanks in Advance!!!
19 September 2011
Dear Sir,
Check the Authorised Share Capital of the company. If it permits to issue the shares then conduct a board meeting and pass a resolution to for issue of equity shares and also place the list of allotees before the meeting to get approved by the board. And file e-Form 2 within 30 days from the date of Board meeting.
If the AoA permits Board meeting is enough. If AoA not authorised then follow Table - A. Thank You
Check the Authorised Share Capital of the company. If it permits to issue the shares then conduct a board meeting and pass a resolution to for issue of equity shares and also place the list of allotees before the meeting to get approved by the board. And file e-Form 2 within 30 days from the date of Board meeting.
If the AoA permits Board meeting is enough. If AoA not authorised then follow Table - A. Thank You
Message likes :
1 times
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 Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Accounting treatment of AMC alongwith the purchase of Laptop
- Capital Gail Exemption Certificate
- Issuing of delivery challan by seller of goods
- Taxation of crypto futures in India Fy 2026- 2027
- EPF ECR NEW RULES Sep 17th 2026
- Transfer of Physical Stock Between Two Proprietorship Concerns
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- 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
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
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
