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coversion of share application money

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Querist : Anonymous

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Querist : Anonymous (Querist)
01 November 2010 SIR, WE HAVE A PRIVATE LIMITED COMPANY HAVING SHARE APPLICATION. IF WE WISH TO CONVERT INTO SHARE CAPITAL WHAT ARE THE PROCEDURE WE HAVE TO FOLLOW.

THANKS

RAVI
9810193990
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
01 November 2010 Pass a board resolution for allotment of shares and file form no. 2 with ROC.
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CA Navin Jain

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CA Navin Jain (Expert)
01 November 2010 agree
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Ajay Mishra

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Ajay Mishra (Expert)
01 November 2010 Hi

Its depend on whether it is listed company, public company and private company.


Please confirm.
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
01 November 2010 Dear Ajay,
It is mentioned in the query that it is a priavate company and hence the above details have been given.

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