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Section 62(further issue of capital) companies act 2013

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(Querist)
21 February 2015 Respected sir,
What is the time gap between two consecutive further issue as per section 62 (1) of the companies act 2013? Is there any restriction regarding the further issue of share capital. The company wants to second further issue of share capital within same quarter. Is it possible?
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CS JAY GOHIL

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CS JAY GOHIL (Expert)
21 February 2015 yes, it is possible there is no restriction on further issuance of capital but it ll b ordinary shares as issued earlier

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