Reagarding share allotment

Co Act 2013 364 views 1 replies

Please help

One of my client "Private Limited Company" holding share application money from relative of shareholders. Now they are asking for share allotment 

please let me know the procedures fro the same.

 

thanks in advance

Replies (1)

You have not mentioned since when the company is holding the share application money. As per the provisions of companies act, 2013, w.e.f. 01.04.2014 if the company receives  share application money, within 60 days shares are to be allotted.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register