Issue of shares
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 December 2009
A pvt ltd co. wants to further issue shares to only 1 shareholder out of 2. Is it possible. If yes How.
Ankur Garg
(Expert)
02 December 2009
Yes it is very much possible.
Reason being section-81 which provides for right issue is not applicable to a private company.
Reason being section-81 which provides for right issue is not applicable to a private company.
CA Ravi Sisodia
(Expert)
02 December 2009
Agree with Mr. Ankur
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