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Further issue

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(Querist)
25 January 2012 can a pvt.ltd company further issue equity share only to its directors ? what is the procedure? plz plz plz reply.......
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Jiten Gupta

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Jiten Gupta (Expert)
25 January 2012 No this is not necessary..
Plz Check ur AOA..

Director has power to allot, dispose of shares in whatever manner called.

By passing BR, u can allot shares to anyone.

No need to offer shares to Directors only..
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ramkulkarni

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ramkulkarni (Querist)
25 January 2012 thanks sir.......
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