Hi
Whether a private limited company in same Board meeting allot some of its shares at par and some of its shares at premium?
According to me "YES"
Kindly tell if something needs to be taken into consideration for making such allotment?
Regards
Suman Khurana (ACS) (209 Points)
07 December 2009Hi
Whether a private limited company in same Board meeting allot some of its shares at par and some of its shares at premium?
According to me "YES"
Kindly tell if something needs to be taken into consideration for making such allotment?
Regards
CS Snehal
(Compliance Manager)
(346 Points)
Replied 08 December 2009
Yes, The Company can allot but as far as I know the resolutions of allotment shall be differently minuted. Also, 2 different form 2 needs to be filed.
Suman Khurana
(ACS)
(209 Points)
Replied 08 December 2009
Hi
Can u please explain me what u mean by resuolutions shall be differently minuted? Does this mean two different resolutions in single Board Meeting?
Regards
CAclubindia
