Equity Shares Without Voting rights
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
16 December 2009
since section 85 to 90 of the Companies Act are not applicable to a Pvt Ltd Co.,so can a pvt co issue issue Equity Shares Without voting rights.
17 December 2009
yes, a private company can issue equity shares without voting rights provided such issue is permitted by the Articles of Association of the Company.
Hope the above clarifies.
Hope the above clarifies.
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