Dear Fellow mate(s),
Pl. tell me the procedure to issue shares to the Directors of an existing private company.
Thanks & Regards
P C Agrawal
(Registered independent director Past Chairman of Aurangabad Chapter of ICSI Practicing Company Secretary at Aurangabad)
(8229 Points)
Replied 04 June 2013
Subject to the provisions of your Articles:
- Get share application form with application money
- Pass Board resolution for allotment
- File Form 2
- Issue share certificate
- Make entry in register of members
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