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Issue of shares

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Querist : Anonymous

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Querist : Anonymous (Querist)
14 November 2013 Dear Experts,

please answer my query

is there any way for unlisted public company to issue shares to more than 50 person without getting its shares listed on stock exchange?
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Ajay Mishra

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Ajay Mishra (Expert)
15 November 2013 Yes you can do so without listed with stock exchanges.

Comply the provision of section 81 of the Companies Act, 1956.

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