Dear Experts,
The Authorised capital of a pvt. ltd. co. is 50 Lac with paid up capital 6 lac . Now the co. is issuing more shares to directors under pvt. placement, does it has to file MGT-14. Please guide.
Dear Experts,
The Authorised capital of a pvt. ltd. co. is 50 Lac with paid up capital 6 lac . Now the co. is issuing more shares to directors under pvt. placement, does it has to file MGT-14. Please guide.
Yes, definitely. MGT.14 has to be filed for issue of shares u/s 179(3)(c).
Thank you Sir
Yes.. You have to file MGT 14 & this SRN will be entered in PAS 3.
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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