ISSUE OF SHARE CAPITAL
This query is : Resolved
25 January 2011
WHAT ARE THE PROCEEDURES FOR ISSUING SHARE CAPITAL BY A PRIVATE LIMITED COMPANY
25 January 2011
1) If the issue is within the authorised share capital, hold a Board Meeting and pass necessary resolution for allotment of shares and authorise the directors for signing the share certificate.
2) Issue share certificate duly signed by 2 directors under the common seal of the company.
3) Make necessary entries in the Register of Members
4) File Form 2 with ROC within 30 days of allotment of share. Attach list of allottees.
2) Issue share certificate duly signed by 2 directors under the common seal of the company.
3) Make necessary entries in the Register of Members
4) File Form 2 with ROC within 30 days of allotment of share. Attach list of allottees.
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