What should be the issuing date of share certificate for 1st share certificate is to be issued in new pvt. ltd. co. of the shares subscribed in memorandum.
3 Replies
shilpa
(company secretary in practice)
(148 Points)
Replied 27 March 2008
Logically it should be a date within 3 months from the date of first Board Meeting,as it is assume that the shares are generally allottes to subscribers in the first Board meeting
ashish
(company secretary)
(26 Points)
Replied 08 October 2008
It should be within 3 months from the date of allotment, it means that if we are alloting shares in first board meeting i.e. within 30 days from incorporation, then period of three months starts from here.
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