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Allotment of warrants by a pvt. co.

This query is : Resolved 
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(Querist)
21 October 2012 Can any one share EGM resolution for issue of warrant and shares by a pvt. company to a ltd. company on private placement/preferential basis. The warrants are convertible into equity.
Urgent response awaited.

Thanks
P.c. Joshi
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CS Richa Sharma

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CS Richa Sharma (Expert)
25 October 2012 A Private Company cannot issue Share Warrants.
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CS Richa Sharma

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CS Richa Sharma (Expert)
25 October 2012 Refer Section 114
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