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Right issue of share

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(Querist)
30 January 2016 what is the meaning of dis-advantageous to the shareholders and the company in relation to sub-clause (iii) of clause (a) of sub-section(1) of section 62 of companies act,2013 ?
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CS Divesh Goyal

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CS Divesh Goyal (Expert)
01 February 2016 Means it should not be against the shareholder and should be for the benefit of the Company and its stake holders.

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