Allotment of warrants by a pvt. co.
This query is : Resolved
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
Urgent response awaited.
Thanks
P.c. Joshi
25 October 2012
A Private Company cannot issue Share Warrants.
25 October 2012
Refer Section 114
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