Shares issued at premium
This query is : Resolved
04 February 2009
A private Company wants to issue shares at premium. Can a company receive part premium with face value now and the remaining premium and amount later?
CA. B.SRINIVASULU
(Expert)
04 February 2009
Yes you can receive but before issuing the shares you should pass a resolution that on application so much will go to share capital account and share preium account and for allotment and first call so on.
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