Dear Members,
As anyone handled conversion of loan into preference share capital u/s 62(3). Kindly guide on the same.
Thanks & Regards,
shares
preference
issue
rights
Hello,
Private Co., issued right shares to existing shareholders.
Value of shares Rs. 9,00,000. shareholders have transferred the full amount.
How can we show the above in the form PAS-3.
Is it correct to show the full amount in application money ?
And does it come under private placement?
Hey,
Can anyone share draft documents format for right issue with partly renunciation.
Hell Everyone,
Here is the situation -
1. Company has issued shares through right issue and they have passed a resolution for that as well & Form PAS- 3 through back date has been filed with late fees. (Date of allotment - 30th March 2021).
2. Above allotment has been done in order to be eligible to get a loan from the bank.
3. However, application money has been received after 4 months of allotment.
4. So the question is how it can be shown in a balance sheet or eventually its treatment.
5. However, there was an option earlier that allotment be done to set off the borrowing of directors but resolution has already been filed for Right issue against the money. So, this can't be done now.
Dear All
If we right share issue to existing shareholders then valuation report required. Please guide
Hey Folks,
I have a small query regarding the stamp duty rates. What will be the applicable stamp duty for an assignment agreement (not pertaining to IP, it is the assignment of debt or loan) in Gujarat and Mumbai? Kindly quote the relevant article and sections.
Dear Experts,
Can Company call for 25% of the total right issue amount now and remaining upon its discretion.. however, the Company is issuing and allotting total shares?
In brief, can company make right issue of all the shares and receive only 25% of the consideration amount as application money?
Is there any restriction for Right Issue as per Companies Act in private companies regarding aforesaid?
Dear Members,
Please let me know if there is no provision in AOA of the Company for Right issue of shares In such case, whether we have to first amend AOA of the company before issue of shares under rights issue basis. Please share under which provision it is prescribed.
Dear Sir
How to apply for information under right to information act ? in MCA. PLS GUIDE.
information
guide
right
under
apply
If a company does rights issue, can it offer to physical security holders? Whether it is to be mentioned in Form PAS-6?
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Dear All,
Please suggest "Should the shareholder bring in the subscription money before the closure of offer period" ? Is this mandatory requirement under Co's Act, 2013.
issue
right
money
subscription
Dear all
If I have received amount from exiting NRI shareholder of the company in this case valuation report is mandatory if I am issuing right shares.
