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Querist : Anonymous

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Querist : Anonymous (Querist)
02 March 2010 a unlisted public company has issued shares by way of rights issue u/s 81 in february 2010 and wishes to issue further equity shares. can the company issue further shares right away or any cooling period is required to be fulfilled
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Jagruti (CS)

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Jagruti (CS) (Expert)
06 March 2010 Under Companies Act,there is no such requirement you can issue furthre shares

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