Company share Allotment / share increase is an ongoing process of Privet Limited Company in Bangladesh. If company (board of directors of the company) want to increase share or business capital at this moment company take a decision to increase share capital by allotting new share for increasing business capital by taking new share holder or increase more share within existing Directors or share holders of the company.Basically, company’s existing share holder can take a certain amount of shares of the company otherwise outside person may involve to purchase allotting share of this company’s new share for taking share holder or directorship of the company. Company share transfer is another process to add new Shareholder or Director of the company to expand business by involving veteran entrepreneurs into the company. RJSC (Office of the Registrar of Joint Stock Companies and Firms) is the only legal authority for monitoring of Company Registration, Share Transfer, winding up, company annual return filling and other company related activities. Basically, Company wants to involve experienced business person for increasing company’s market and profit ratio of particular business in certain region or country.
Essential documents need for company’s share Allotment at RJSC:
- Company’s board of director approving resolution to increase company’s share
- To indicate Number of share Allotment of the Company
- Fill up form XV for share allotment
- Have to pay share Allotment fees of Govt. cost ( RJSC share Allotment fees)
- Must have update company’s all documents of RJSC
- Prepare some documents for Allotment of company’s share (which are needed)
- To assure allotted share money come to company bank account
- No objection certificate of existing directors.
Reforming a Joint Venture Company by transferring company’s share to foreign countries citizen or foreign limited company as position of company’s Director, Share Holder and Chairman of new Company Registration at RJSC into Bangladesh. Here you know more RJSC dealings.
