Poonawalla fincorp
Poonawalla fincorp

Procedures to issue paid up share capital at premium

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Querist : Anonymous

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Querist : Anonymous (Querist)
18 November 2010 eg. the authorised share capital of pvt ltd company is 1 cr, paid up capital of rs. 5 Lacs and it wants to increase the share capital

1. eq sh Rs.50 Lacs and rest 50 Lacs by way of sh premium
2. eq sh of Rs.95 Lacs
3. eq sh rs. 50 lacs and rest by way of convertible preferential share.
out of the 3 methods which is more appropriate?
what is the procedure to be followed ?
what is the fees incurred that will be applicable/ payable?
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CA Sanat Pyne

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CA Sanat Pyne (Expert)
22 November 2010 OPTION 1 IS BEST.

FILE FORM 2 FOR SHARE ALLOTMENT AND FEES WILL BE 500/-

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