Form pas-3 allotment of share in private ltd comapny
This query is : Resolved
04 August 2015
Whether it is mandatory to allot shares in private limited company to its existing shareholders through private placement only or whether we can submit form pas-3 without choosing private placement?
CS Divesh Goyal
(Expert)
07 August 2015
Ms. Apoorv,
If you are allting shares to existing shareholders though right issue of share, no need to select private placement of shares.
If you are allting shares to existing shareholders though right issue of share, no need to select private placement of shares.
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