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    New Shareholder bringing immovable property to the company

    Posted By : Damini / Published on : 07-Nov-2020 10:28 AM / View : 888 / Comment : 0

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    What is the procedure for a company to register a immovable property in its name if the property is currently belongs to another person who is not a shareholder of a company but he wants to be a shareholder of the company. The company has authorized and paid up capital of ? 1lac. Do we need to increase authorized capital and paid up capital of the company or transfer existing shares to the new person SH -4 will be enough? Please advise
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