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Issue of preference shares by a private limited company

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soumya (Querist)
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16 June 2014 A private limited company want to issue Preference shares,Please clarify:

Whether a Letter Offer need to be sent to all the proposed allottees?

Is there any format of application form for to which an letter of offer need to be accompanied?

Regards,
Soumya

CS Divesh Goyal

CS Divesh Goyal (Expert)
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17 June 2014 Yes, it require to issue private placement offer letter to all the allottees.

format for offer letter is given in PAS-4. refer that.

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