Mgt -14 for isse of shares

Powers of the Board Section 179 (3) ( c ) : Issue of Securities, including debentures , whether in or outside India

Facts :-

 Listed company have proposed in their Board Meeting :- 

1) to issue shares under preferential allotment

2) Issue of  preference shares

Now the Board meeting has done , after that members approval will be aken at general meeting and again if , its approved ,  board meeting will be called for allotment.

Query :-

1) We need to file MGT-14 under section 117 (3)(g) for the above issue .

now query is issue means which board meeting to consider before general meeting  or after general meeting(allotment)

Pls suggest