Meaning of issue security
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 April 2015
Dear sir,
i m confuse, MGT-14 is fill on issue of security u/s 179(3), whether it means resolution pass for issue of shares(i.e offer for right issue to existing shareholder) or allotment of share
please provide the answer as soon as possible
i m confuse, MGT-14 is fill on issue of security u/s 179(3), whether it means resolution pass for issue of shares(i.e offer for right issue to existing shareholder) or allotment of share
please provide the answer as soon as possible
27 April 2015
“Issue of securities” is “offer of securities” and not “allotment of
securities.” The form MGT 14 has to be filed at the time of offer of securities and form
PAS 3 at the time of allotment of securities. The company need not file MGT 14 for
allotment of securities
securities.” The form MGT 14 has to be filed at the time of offer of securities and form
PAS 3 at the time of allotment of securities. The company need not file MGT 14 for
allotment of securities
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 April 2015
Thanks Mitesh Mehta sir for Advice
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