Right issue and slp
This query is : Resolved
Harvinder kumar
(Querist)
06 August 2012
Dear Professionals,
if a unlisted public company wants to right issue u/s.81 (1) to its existing shareholders, in this case Statements in lieu of Prospectus (SLP) is required to be filed with ROC?
In my opion it should not be filed because we are not going to public and under right issue there is not requirement of filing of SLP.
Kindly provide the information in this regard and if possible, kindly provide the check list regarding it.
Look forward to your sincere reply.
Thanks and Regards,
Harvinder
if a unlisted public company wants to right issue u/s.81 (1) to its existing shareholders, in this case Statements in lieu of Prospectus (SLP) is required to be filed with ROC?
In my opion it should not be filed because we are not going to public and under right issue there is not requirement of filing of SLP.
Kindly provide the information in this regard and if possible, kindly provide the check list regarding it.
Look forward to your sincere reply.
Thanks and Regards,
Harvinder
CS Arpita Rajpurohit
(Expert)
07 August 2012
as per me, SLIP is not required to be filed. you just need to hold an EGM, approve the issue of shares & then allot the shares & file form 2 for allotment & form 23 for issue of shares.
Dhirajlal Rambhia
(Expert)
27 July 2023
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