Ashish Karandikar (Advocate) 01 April 2010
Respected Sirs / Madams,
Please provide me the information regarding the Part IX Companies (i. e. Parnership Firms converted into Pvt Ltd or Ltd Company) under The Companies Act.
Whether the consideration for allotment of shares, of such converted Company, is in cash or kind?
Regards,
Advt. ASHISH KARANDIKAR
Mobile # +91 0 9850903959
Ashish Karandikar (Advocate) 01 April 2010
Such allotment of shares is not to the new share-holders, but to the promoters and AT THE TIME OF / AFTER THE INCORPORATION/CONVERSION of such Company.
Regards,
Advt. ASHISH KARANDIKAR
Mobile # +91 0 9850903959
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