21 April 2011
If a pvt ltd company issues shares to Mr.x at certain premium (say Rs.900/- per share) today and later on it issues further shares to Mr.y at lower premium (say Rs.500/- per share), what is the ground of issuing shares at lower premium? Is it advisable to do so?
Guest
Guest
(Expert)
10 May 2011
Dear Vibhor,
A Pvt Company can issue shares at premium at any amount. there is no provision to bind the that. But make sure while filing Form 2, make two different allotment in Same Form & communicate the same to ROC within 30 days to avoid addnl filing fee.
CAclubindia
