I have incorporated a company with 2 directors and i have issued shares of 5000 @10/- to each director.Now i have added 2 more directors and want to issue shares to them at premium, 5000 Shares @100/- (90 Premium).my question is whether i need to collect premium amount from old shareholders also or i can continue with new shareholders.
01 January 2015
Only for new shareholders as this will be new allotment. Also refer section 52 of companies act, 2013 for usage of securities premium account.
CAclubindia
