Preferential allotment of shares in pvt ltd companies
This query is : Resolved
Arunkumar Athiappan
(Querist)
11 June 2012
I would like to understand how preferential allotment of shares can be done in a private ltd company.
Ajay Mishra
(Expert)
12 June 2012
Hi
You are free to make preferential allotment of shares but the provision of section 81(1A) of the Companies Act, 11956 read with rules made there under will not apply to private company.
Regards
You are free to make preferential allotment of shares but the provision of section 81(1A) of the Companies Act, 11956 read with rules made there under will not apply to private company.
Regards
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