Can you please let me know different method of raising fund for a 1 year old Pvt Ltd Company. The company dose not want to issue equity share capital (it already has issued Rs 500,000/-as equity share). what other methods are their. Thanking for your answer in advance.
18 October 2014
As per the Companies Act 2013, pvt ltd company can not take loan from public. The option available to the pvt limited company is that to raise funds from the directors or any financial institute, not even from the relative of the directors.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
20 October 2014
Thank you for your reply. Can you tell me the procedure to issue Preference share capital (it is authorised by AOA), at what price should it be issued, how to calculate the Pref share price.