This Query has 3 replies
Our co. (Pvt ltd. co.) has 3 shareholders and out of that 2 are non resident. Now the company wants to issue few more shares to existing non-resident shareholders. My query is:
1.Is there any restriction regarding proportion of no of shares to be issued?
2. what is the procedure for such share issue as per the co. act.
Thanx in advance
This Query has 4 replies
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Issue of shares to existing non resident shareholders