Right issue
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
16 March 2015
Can renounciation of right made to existing shareholders?
OR
It can be made only to a person who is not a shareholder.
OR
It can be made only to a person who is not a shareholder.
16 March 2015
Existing share holder can renounce his right to any person. He need not be a member of the company
Read section 62 (1)(a)
Read section 62 (1)(a)
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