Query

A director of pvvt company can acquire shares in cash. If the shares are new allottment then u have to file form 2 n if its transfer then just fill share transfer form no additional compliances required according to me.

Purchase of shares in cash is always opne since it is anorm but purchasing by cheque is often advisavle . Morever, we have this ESOP schem or employees stock option scheme wherein there is this practice of offering shres for a meagre or with out a price to the directors of the company.

Regards

Tanveer Mohammad Masood

Thnaks shristi and tanveer for your suggestions 

One more thing , can we filed form 2 after six month of receiveing cash in hand and in bank.

and can we increased authorised share capital from 1 lac to direct 2 cr , there is any liability to disclosed , that why we increased such higher amount of capital with in one year of incorporation of a company.

Yes, u can very well file form 2 after 6 months. The fees and additional fees will depend on the date of allotment of shares.

Yes, u can increase the authorized capital directly after approval from shareholders and file the necessary reqd forms.