banner_ad

Mgt-14

This query is : Resolved 
Profile Image

Profile Image

(Querist)
23 September 2016 My client is a Private Limited Company, it wants to issue shares privately and the Return of Allotment will be filed by PAS-3. My query is, does it need to file MGT-14 for the resolution passed at the Board Meeting for the issue of shares ?
Profile Image

CA Sumiit B Nagpal

Profile Image

CA Sumiit B Nagpal (Expert)
23 September 2016 You need to pass a special resolution for allotment of shares as a private placement and approve the conditions specified for such placement like not more than 200 members and the lot size should not be less than Rs. 20,000/-. Only after the approval of members in an duly convened EGM you can proceed with allotment. You need to file Form MGT 14 for the SR passed. Board resolution will be for the issue of share certificates and filing of the form PAS 3 with ROC - No MGT 14 needed for BR.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
14 May 2026
Senior Accounts Executive

Karan Gupta & Co.

New Delhi

Graduate (Any)

View Details
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
09 May 2026
Audit Manager

Kanna and Associates

Coimbatore

CA Inter

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details