Share Capital
This query is : Resolved
27 December 2008
Can a Private Limited Company accept share application money more than its authorised Share capital? If it has accepted share application money more than its authorised capital, what would be the legal implication
27 December 2008
Yes, it can be accepted. Company may lateron increase the authorised capital and allot or refund the application money.
27 December 2008
Yes, it can be accepted. Company may lateron increase the authorised capital and allot or refund the application money.
Yes, it can be accepted. Company may lateron increase the authorised capital and allot or refund the application money.
27 December 2008
Yes, it can accept and increase the authorised capital later or refund the money.
27 December 2008
YOU SAID SHARE APPLICATION MONEY.
ALLOTMENT OF SHARES SHOULD BE WITHIN THE LIMITS OF AUTHORISED CAPITAL & ALSO BE CAREFUL ABOUT THE MAXIMUM MEMBERSHIP APPLIOCABILITY OF 50 + EMPLOYEES & EX EMPLOYEES OF THE COMPANY.
INCASE YOUR ALLOTMENT IS TO BE MORE THAN AUTHORISED CAPITAL THAN INCREASE THE AUT.CAP FIRST & THEN PROCEED TWRDS ALLOTMENT
CHANDRAKANT AMBANI
BOMBAY
9819408963
9821240674
ALLOTMENT OF SHARES SHOULD BE WITHIN THE LIMITS OF AUTHORISED CAPITAL & ALSO BE CAREFUL ABOUT THE MAXIMUM MEMBERSHIP APPLIOCABILITY OF 50 + EMPLOYEES & EX EMPLOYEES OF THE COMPANY.
INCASE YOUR ALLOTMENT IS TO BE MORE THAN AUTHORISED CAPITAL THAN INCREASE THE AUT.CAP FIRST & THEN PROCEED TWRDS ALLOTMENT
CHANDRAKANT AMBANI
BOMBAY
9819408963
9821240674
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