Rights isue
This query is : Resolved
Querist : Anonymous
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
06 March 2010
Under Companies Act,there is no such requirement you can issue furthre shares
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