Hi, I'm from USA and want to form a pvt. ltd company in India. We'll be getting Foreign Investments in India to execute our projects. My questions are following:
1) Can I and my co-founders suscribe to and hold around 20,000,000 common shares on paid up capital of Rs. 1-2 lacks?
2) Can We authorize and issue Convertible Preference Shares at the price of Rs. 3000 each on 7% interest?
3) Can we issue common share with premium in Pvt. Ltd company?
4) Can we buyback Contertible Preference Shares by paying off necessary amount to the investors?
Please let me know. I really appreacite all the help! Thanks!
CAclubindia
