Three allotments in a single accounting year
This query is : Resolved
10 February 2012
Dear all,
A Pvt. Ltd. co. has issued shares at 10+15 as on 31.12.2011, can the same co. also issue shares at 10 (at Par) in February'2012 and 10+190 in March'2012 in the same accounting period i.e. 2011-2012.
A Pvt. Ltd. co. has issued shares at 10+15 as on 31.12.2011, can the same co. also issue shares at 10 (at Par) in February'2012 and 10+190 in March'2012 in the same accounting period i.e. 2011-2012.
11 February 2012
Yes, a private Limited company can do so..
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