Right issue

This query is : Resolved 

22 February 2016 In case of issue of shares through Right issue as per section 62 of the Companies Act, 2013, whether company is required to pass board resolution & Special Resolution since in the Act there is no specific info about this.

22 February 2016 Company is required to pass board resolution for approving letter of offer

22 February 2016 but offer letter is require to issue only in case of private placement u/s 42 & right issue does not include in the definition of private placement.

22 February 2016 but offer letter in PAS-4 is required only in case of private placement u/s 42 & right issue is not included in the definition of private placement

22 February 2016 But offer letter in PAS-4 is require only in case of private placement u/s 42 & Right issue does not include in the definition of private placement

28 February 2016 drop me mail on csdiveshgoyal@gmail.com
will mail you complete process for the same.


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