Selling shares to a closely held Private Company
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 February 2011
Can a private limited company issue shares to another private limited company where two Directors are common in both the companies? What are the complaince required?
12 February 2011
Yes pvt co can allot shares to other pvt co. Only u have to file Form-2 within 30 days from the date of allotment.
12 February 2011
undoubtedly agreed with the expert...
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