Allotment of partly paid up shares to one entity_URGENT

Mayuri Lal (officer CS) (748 Points)

26 March 2011  

Dear Members,

We want to allot fully paid up shares to one entity and PARTLY PAID up to other entity as to maintain the percentage of holding.

 

Cananyone tell me whether we can do so. IF yes then what will be the effect of teh voting right a s in what will be the voting right implication.

 

 

Please guide me as to what section shud i refer for this scenario or any other guidance regarding the same.

 

 

Regards,

Mayuri LAl