Fresh share issue requirement and time period

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

22 February 2016 Respected All,

Can increase of authorized capital? then issued after that subscription of share with very high security premium within a month creates any problem???
or
Is it any time limitation between increased of authorized capital then issue and subscription of it with a security premium.

praveen

praveen (Expert)
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22 February 2016 There are lot of changes in the companies act 2013 regarding issue of share capital in case of private limited companies. You will need a certificate of valuation from a Chartered Accountant or a merchant banker registered under SEBI for the price that you are issuing for.

For more information contact at
me@mrpraveen.com
www.mrpraveen.net

Message likes : 1 times

Querist : Anonymous

Querist : Anonymous (Querist)

23 February 2016 I want to know that, I want to increase my authorized capital in first week of march. Then issuing some shares to directors who ultimately transfer this share to third party. After that - Some investor are willing to invest in our company, whom we want to issue balance share at very high price .

My query is price at which share issue in favor of third party and investor is different and time lag between this two transaction is very small. Can it create any problem in ROC or IT act.

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