Notice to minorities
This query is : Resolved
21 March 2009
My co. is a pvt.Ltd. Co. and want to increse paidup capital under the limit of authorised capital.18% shareholders are outsiders so its necessary to give notice to them because intention of incresing the capital is take them under category of miniroty.
If co doesnt issue them notice what they can do.
Please guide me.
thanks in advance.
If co doesnt issue them notice what they can do.
Please guide me.
thanks in advance.
HUZAIFA HUSSAIN
(Expert)
21 March 2009
ITS NOT INCREASE OF CAPITAL ITS BUT ONLY ALLOTMENT OF UNSUBSCRIBED SHARES
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