Private limited company shares?

Hello,

I am planning to establish PVT. LTD. company with share capital 1 Lac. I have following questions:-
1. How to allocate shares between two partners (share holders)?
2. Do we have to invest 1 lac in cash or whats the significance of 1 lac share capital?
3. How can i raise funds? since i can not sell shares in public.

Your help would be appreciated

Prasad

Replies (10)

Share can be allocated between shareholders as number of shares if they are total 100 shares you can have 50 other one 50 any number based on your choice guy with more shares will have more control 

Pvt companies can raise funds from 200 member s once see company act Pvt companies for more clarity or you can use your own funds for capital 

Thank you. Do i need to invest 1 lac in cash or i can invest later any point of time against my subscribed share? And does it mean i can raise only 1 lac rs from shares as a fund?

U need to invest initially at the time of your company registration

Do i need to invest complete 1 lac amount against aurhorised shares? Or only pvt ltd registration fees? 

Authorise shares at the time of reg with roc you must file memorandum of association which must contain the amt of share capital and it's subscriber

Right so need to physically invest in cash rs. 1 lac as an authorised capital. Only resgistation charges i need pay? Right? Correct me if i am wrong.

See form Inc 7 in MCA site you will get a clarity

Yes you are right

Ok thank you mr. Venkat

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