Board resolution
This query is : Resolved
RAJANEESH V R
(Querist)
12 February 2015
Dear Sir,
Is the resolution for Right Issue of shares, allotment etc of a Private Limited Company is Ordinary Resolution.? What type of resolutions are generally known as board resolution? please reply as earlier as possible
Is the resolution for Right Issue of shares, allotment etc of a Private Limited Company is Ordinary Resolution.? What type of resolutions are generally known as board resolution? please reply as earlier as possible
CS Mitesh Mehta
(Expert)
12 February 2015
you have to pass resolution in the Board meeting to approve right issue including "letter of offer" & to Approve allotment
RAJANEESH V R
(Querist)
13 February 2015
Thank you sir.Is there is two board meetings for approving offer letter & allotment of shares? As the offer letter are in circulation for a period of 15-30 days.
Please reply me.I want to file it immediately
Please reply me.I want to file it immediately
CS Mitesh Mehta
(Expert)
13 February 2015
yes there is two board meeting. One is to approve offer letter and another is for allotment of shares
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