Draft Share application form

[Nithya Jayakumar]

Dear Members

Our company is a listed public company. Subsequent to discussions
with a private company, we were allotted certain number of shares of
Rs. 10/- each at a premium of Rs. 10/- per share and accordingly, the
private company became a subsidiary of our company as per the
provisions of Section 4 of the Companies Act, 1956. Now, my query is,
when our company makes a share application to the private company for
the allotment of the said shares, can we make the application with the
details of the amount of face value, premium etc.? Can a person
applying for shares decide what should be the amount of premium or
discount?
I would be thankful if you could also provide me with a draft share
application form.

Regards
J. Nithya

[csarengarajan]

Dear member

 

I am attaching draft share application form as required by you

 

[S.V. Raman]

I am under the impression that there should be an offer and an acceptance. The board of the investor committee may want to know the pricing and the number of shares. Of course it possible to give an approval for a value and delegate the matter further for finalization. Raman --- On Wed, 4/3/09, Nithya Jayakumar <nithyaj...@gmail.com> wrote:

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