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Time limit for preferential allotment

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(Querist)
14 November 2013 What is the time limit to Public Ltd Company as per Companies Act 1956 for allotment of share on preferential basis after receiving share application money..?

Is there any provision regarding this in Act or Rules..?
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Ajay Mishra

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Ajay Mishra (Expert)
14 November 2013 Read Unlisted Public Companies (Preferential Allotment) Rules, 2003 with amendment maid thereon in 14.12.2011.
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Anamit Babar

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Anamit Babar (Querist)
25 November 2013 Thank u very much sir..
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