Does allotment of shares in a private company require a special resolution?
Jeevan K Ramakrishna (Home) (24 Points)
05 December 2011Does allotment of shares in a private company require a special resolution?
Parashar
(Company Secretary 2004)
(1013 Points)
Replied 05 December 2011
Allotment of shares are made at the Board meeting, be it a pvt. or public company through a Board Resolution. No question of special or ordinary arises.
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
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