Easy Office
LCI Learning

Issue of equity shares

This query is : Resolved 

30 August 2011 A Private Limited Company can issue equity shares without voting rights? please tell me the exact provisions.

31 August 2011 Dear Sonu,

A pvt co can issue the shares without voting rights and it requires the authourisation from AoA. if not it should be altered according to that. and then the members should not be more than 50. it the AoA permits, then conduct a board meeting or general meeting as per the provisions contained in the articles, then pass necessary resolutions and issue the diff voting rights shares or shares without voting rights.

31 August 2011 vignesh sir, thnq a zillion times for your response




31 August 2011 thank you sir.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries