Preferential allotment-private company
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
16 April 2013
A private limited company propose to issue shares to Mr. A (not an existing shareholder).
Can it be called as private placement or is it as preferential allotment/issue?
If so, do we require the convening of a general meeting for issue of shares under the above heads?
Can it be called as private placement or is it as preferential allotment/issue?
If so, do we require the convening of a general meeting for issue of shares under the above heads?
16 April 2013
You just need to pass Board Resolution and allot shares.
Querist : Anonymous
Querist :
Anonymous
(Querist)
25 April 2013
thanks Ankurji...
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