Allotment of shares
This query is : Resolved
Zalak Talreja
(Querist)
07 May 2014
can an unlisted public company allot shares ere by passing a board resolution to its existing shareholders??
Sandeep Dharar
(Expert)
07 May 2014
Yes every company must pass a Resolution while allotting its shares, whether it is public or private.
Zalak Talreja
(Querist)
07 May 2014
but will only board resolution do????
for filing allotment of shares
for filing allotment of shares
Zalak Talreja
(Querist)
07 May 2014
but will only board resolution do????
for filing allotment of shares
for filing allotment of shares
Zalak Talreja
(Querist)
07 May 2014
as in for filing FORM PAS - 3 i.e. return of allotment
Sandeep Dharar
(Expert)
07 May 2014
Yes u must have to intimate ROC about this in the above mentioned form. And the attachment will b the resolution made by the Board.
Zalak Talreja
(Querist)
07 May 2014
okay then there is no need of calling EOGM for allotment of such public company....correct????
Sandeep Dharar
(Expert)
07 May 2014
Yes no EOGM is required for that purpose.
CA BHARATH KUMAR
(Expert)
08 May 2014
Yes fist you can make board resolution for allotment of shares
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