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Corporate law

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Querist : Anonymous

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Querist : Anonymous (Querist)
03 May 2016 I wish to clarify a following
i.e. M/s. TF Pvt Ltd ha to share holders & its Paid up capital Rs.1.5 Lakh & Authorised Capital is Rs.10 Lakh.
Now it has to increase the paid up capital under Rights Issue?

Is it Possible to Issue 60000 Shares to one Share holder & balance only to another one ?
or
Is there any restriction ? i.e. Right Share should be proportionately issued to based on existing share holding?

Further Which form should file first whether PAS -3 or MGT-14?

What are the attachment has to enclosed in each form?
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CS Ankur Srivastava

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CS Ankur Srivastava (Expert)
10 May 2016 This can be done under Section 42 private placement basis.

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