Board resolution

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RAJANEESH V R (Querist)
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12 February 2015 Dear Sir,
Is the resolution for Right Issue of shares, allotment etc of a Private Limited Company is Ordinary Resolution.? What type of resolutions are generally known as board resolution? please reply as earlier as possible

CS Mitesh Mehta

CS Mitesh Mehta (Expert)
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12 February 2015 you have to pass resolution in the Board meeting to approve right issue including "letter of offer" & to Approve allotment

RAJANEESH V R

RAJANEESH V R (Querist)
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13 February 2015 Thank you sir.Is there is two board meetings for approving offer letter & allotment of shares? As the offer letter are in circulation for a period of 15-30 days.
Please reply me.I want to file it immediately

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CS Mitesh Mehta

CS Mitesh Mehta (Expert)
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13 February 2015 yes there is two board meeting. One is to approve offer letter and another is for allotment of shares