Allotment of shares


This query is : Resolved 

07 May 2014 can an unlisted public company allot shares ere by passing a board resolution to its existing shareholders??

07 May 2014 Yes every company must pass a Resolution while allotting its shares, whether it is public or private.

07 May 2014 but will only board resolution do????
for filing allotment of shares

07 May 2014 but will only board resolution do????
for filing allotment of shares

07 May 2014 as in for filing FORM PAS - 3 i.e. return of allotment

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.

07 May 2014 okay then there is no need of calling EOGM for allotment of such public company....correct????

07 May 2014 Yes no EOGM is required for that purpose.

08 May 2014 Yes fist you can make board resolution for allotment of shares


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