Split share percent while company rgistration
This query is : Resolved
09 August 2011
Hi, I would like to know how I can split the share percent while registering a new private limited company. We are 3 people out of which 2 are the directors, A and B, having share percent of 50 and 25 respectively. Person C will not be a director of the company but only a shareholder (25%). Please let me know how can i make sure that my new company is registered as per the above. Thanks in Advance,
09 August 2011
Let A take 66% and B take 34% in the new company. Excluding C you will be in the same ratio as the holding of C will be divided between A & B in their ratio of holding in the old company
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09 August 2011
Thanks Mr. S.S. However, it is mandatory to give 25% share to person C but he will not be a director as that is what we have agreed upon before starting a new company. We need to split the shares as A=50% (director and shareholder), B=25% (director and shareholder) and C=25% (only shareholder and not director). I am going to register it as private limited company. Could you please guide us in exactly at which step of registration and on which form do I have to mention this split. I checked form 1A and a lot more but it is not there. Awaiting your response. Thanks in Advance.
23 December 2011
LLP registered. Thanks for your response Mr. Agarwal
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