Allotment of shares

This query is : Resolved 

18 February 2017 A private Limited company want to allotment of further shares which are to be allotted to some of its existing share holders but not according proportionate to their existing shareholding ratio. Can it done in a board meeting? Form MGT-14 to be file in this situation. Kindly advise

20 February 2017 NO,
YOU HAVE TO MAKE PREFERRENTAIL ALLOTMENT OF SHARES. VIA FILLING FORM GNL 1, MGT 14 & PAS 3

13 April 2017 Thanks Sir, Can you please explain the purpose of filing form GNL-1


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