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Pvt Ltd company with Shares

Rajbajaj (Consultant) (49 Points)

15 March 2009  

Dear All,



We are starting a company with a type PVT limited with Shares. I want to know that I am filling htis detail in Form 1A but want to know what activity is involved for shares. Well actually do I have to create shares etc and how is that done.


Appreciate your responsis.



 1 Replies

Ankur Garg (Company Secretary and Compliance Officer)   (114654 Points)
Replied 18 March 2009

As Minimum paid up capital for pvt co. is 1 Lac.

At least Rs. 1 Lac should be deposited in the bank a/c of the company from the bank a/c of 2 subscribers nearly at the time of incorporation of the company and enter the same in the first board meeting of the company.

In company law there is no concept of creation of shares.

Please find enclosed the minutes extracts.

Attached File : 9 minutes extracts.doc downloaded: 116 times

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