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Allotment of shares

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(Querist)
11 November 2013 Can anyone provide me the way to allot equity shares on non cash basis for a PVt limited Company under new Act??? OR is there any change under new and old process?
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Ajay Mishra

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Ajay Mishra (Expert)
11 November 2013 Under which Act you are talking about.
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Priya

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Priya (Querist)
11 November 2013 Companies Act, 2013
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Ajay Mishra

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Ajay Mishra (Expert)
11 November 2013 The details provision is not cleared on it under new Act.
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Priya

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Priya (Querist)
11 November 2013 Okay then we can follow the same procedure as Companies Act, 1956.
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Ajay Mishra

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Ajay Mishra (Expert)
11 November 2013 Yes you can follow. Please also check whether the relevant section of new Act.
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Priya

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Priya (Querist)
11 November 2013 Thanks For ur reply Sir
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Ajay Mishra

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Ajay Mishra (Expert)
11 November 2013 My Pleasure........
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