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incorporation of private company

25 July 2019

I'm going to incorporate a Pvt ltd company.. with authorise and paid capital of Rs. 1 lac
i.e 10 equity shares of RS. 10,000/ each.

Can I do so ?

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5 Replies

Tushar Gupta (48 Points)
Replied 25 July 2019

yes you can by filing spice 32 with e-moa and e-aoa

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Yogesh Dave (141 Points)
Replied 25 July 2019

my question is ki face value of shares 10,000/- per share rakh sakta hu kya

Tushar Gupta (48 Points)
Replied 26 July 2019

yes its your choice to make face value of 10 or 10000
generally it is make rs 10 to be convincing in further share transfer etc

Yogesh Dave (141 Points)
Replied 26 July 2019

I want to keep face value 10,000/- per share bcoz in coming days I will receive 4000 crore Rs. and I will issue shares to the invester that why I will issue share on premium of Rs. 35000/- per share and face value would be 10000/- per share

shrin (writer) (55 Points)
Replied 31 December 2019

Yes, you can incorporate such a private limited company in India with authorized paid-up capital of Rs.1 lac. The option is on you for fixing the number of shares and paid-up capital. You have mentioned 10 equity shares of Rs. 10,000 each, you are permitted to do so.