11 June 2013
i have registered a private company with authorised capital of rs. 2,00,000 and issued & paid up capital of rs. 1,00,000 at fsce value of Rs. 10 each. ( No premium at the time of Registration ).
Now i want to issue further shares at premium of Rs.50. ( all the shares will be subscribed by one shareholder only )
Can i do the same and what is the procedural requirement ?