Share allotment in pvt ltd. company
This query is : Resolved
15 March 2012
In case of increase in subscribed share capital, Share allowed to be alloted to which Category of persons?
Any person being a friend of the member of the company or only relatives or any other persons as well?
Any person being a friend of the member of the company or only relatives or any other persons as well?
15 March 2012
Hi
The person who has subscribed shares on the basis of which your company subscribed shares are increased.
Regards
The person who has subscribed shares on the basis of which your company subscribed shares are increased.
Regards
15 March 2012
can it be given to other persons who is not relative or friend of the member?
15 March 2012
In general you can allot shares to any one. Yes you can allot shares to person who is not relative or friend of any director or members of the company. No issue.
In general you can allot shares to any one. Yes you can allot shares to person who is not relative or friend of any director or members of the company. No issue.
15 March 2012
Thanks for reply but my question again is whether any one can subscribe to shares even if one is not the relative or friend of the member in private limited company?
15 March 2012
Hi Rehbar...
My answer is yes.
My answer is yes.
15 March 2012
Thanks again
Guest
Guest
(Expert)
15 March 2012
A private company can allot shares to any one. It is not necessary that the person should be director/ relative/ friend etc. There is no bar. It can issue shares to strangers having no relation with the company. Thanks and Regards
15 March 2012
Agree with the expert...
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