Sir, what do we need to file for submitting Letter of Offer in case of Right Issue, MGT14 OR GNL 2?

Dear sir,

If Share Alloted in  4th Jan 2014, which procedure is applicable(old or new) or which E- form applicable

please reply me

Sir can u pls explain the deatiled procedure for allotment of shares by a private company...

procedure for allotment of shares by a existing private company



 

https://www.caalley.com/art/art14_0511.H T M L

https://singalandcompany.wordpress.com/2014/07/17/fund-raising-under-companies-act-2013/

company has borrowed fund from director now company want to convert this borrowing in to share capital. what is the process for this conversion???? What forms to be file????

Plz. reply quickly its urgent...

You can file PAS 4 and PAS 5 in GNL 2.

Dear Sir, We have query regarding the issue of Share at Premium. What should be the Premium Value in following CASE and Company want to allot shares to its existing member cum director what forms should be file as per new act:
LIABILITY
Auth. Cap - 35,00,000
Paid Up - 1,00,000 (10,000 Eq. Sh of 10 each)

ASSETS:
Cash in Hand - 50,000
Cash at Bank - 32,219

Profit & loss Acc: 17780

Please help to determine the Premium Value

Please Refer Section 56 (2) of Income Tax Act for calculation of premium.

Can anyone tell me the procedure for increasing the paid up share capital of a private limited company as per the Companies Act, 2013? What forms are to be filled? And what sections would be applicable?

Dear Sir,

 A private company has 3 Directors A,B and C. A and B are subscribers / shareholders. There are no other share holders. C joined the company as "Promoter" Director after company formation. Form 32 shows his designation as "Promoter Director". B and C want to invest money by way of equity which is within Authorized capital limit. Please let me know the procedure involved. Can one use PAS-3 in this case?

Originally posted by : Shanya
	Can anyone tell me the procedure for increasing the paid up share capital of a private limited company as per the Companies Act, 2013? What forms are to be filled? And what sections would be applicable?

Procedure for Private Placement / Preferential Allotment:

1. Send Notice of Board Meeting as per section 173 of the Companies Act, 2013.

2. Convene a Board Meeting and pass following resolution:

                a) Decide the names of the subscribers to the issue.

                b) Prepare and Approve the Offer Letter in PAS-4.

                c) Prepare Share Application Form.

                 d) Fix the Date, time, place of General Meeting and approve the notice and explanatory                                           statement.

3. Send notice (along with explanatory statement) of the General Meeting to members, Directors as per section 101 and 102 of the Companies Act, 2013.

4. Send Offer Letter (Form PAS-4) along with Share Application Form to subscribers to issue within 30 days from the date of recording the name of the Persons in PAS-5.

5. Hold EGM on the convened date and pass special resolution under section 62.

6. File Form MGT-14 within 30 days of passing Special Resolution along with Explanatory statement.

7. File Return of Allotment in PAS-3 within 30 days. Attachment to Form a) List of Allottee (LOA) b) LOA shall be certified by the signatory (Director/ CS) of Form. c) Valuation Report.

8. Maintain the record of the Allotment of securities issued.

9. File PAS-4 and PAS-5 with ROC within 30days of circulation of relevant private placement Offer Letter in GNL-2.

Requirements for filing Form PAS – 3:

• List of Allotees along with their names, addresses, occupation, no. of shares allotted to each allottee.
• The above list shall be certified by the signatory of Form PAS – 3 (normally the Director)
• The current issue of shares in this case is being done as per Section 62(1)(c). Thus, a Valuation report is to be obtained by a registered valuer [(a) independent merchant banker regd. With SEBI or (b) independent CA having minimum experience of TEN years]

How many day take for obtaining of Registration or Registration Certificate of a New OPC Company under new Companies act