Can anybody pls let me know the procedure to increase paid up share capital of a private ltd co.
How to issue balance authorised shares of a pvt ltd company
Sumit (Business) (28 Points)
09 July 2014
1 Replies
Vandana J Doshi
(Practising Company Secretary)
(12562 Points)
Replied 10 July 2014
It can be done by 3 ways as per the Companies Act 2013...
1. Rights issue u/s 62 and related rules
2. Preferential allotment u/s 62 read with relevant rules and sec 42.
3. Private Placement u/s 42 and relevant rules....
of the three methods rights issue with right of renunciation to members is the more simple one requiring less compliances.....
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