Hi ,
I would like to register a private India limited company with following constrains / objectives in mind.
1) In two years period company involves in only Research related activities ( R& D) in software development.
2) The total money for the two years research will be funded by my friend , money inflow to the company would be tentatively like this in two years.
1ST Term : 10 L
2nd Term : 25 L
3rd Term : 60 L
3) At the end of the 2 years my friend should get 49 % of stakes and I should get 51 % stakes .
How to allocate the shares to my friend and how should we show it in the books , because I am not directly investing the money ( I am involved in all bussiness development activities and reserch ), all the money is funded by friend only , in that case how should i get 51 % shares.
Please help me out
Thanks & Regards
Uma
CAclubindia
