Sahre allotment
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
18 August 2012
sir,
A pvt. ltd. comapny limited by shares wants to allot shares agst share application money received by it and also have to transfer some shares.
Is it necessary to call a EGM for share allotment and transfer of shares or a simple board meeting is anough.
A pvt. ltd. comapny limited by shares wants to allot shares agst share application money received by it and also have to transfer some shares.
Is it necessary to call a EGM for share allotment and transfer of shares or a simple board meeting is anough.
Ajay Mishra
(Expert)
18 August 2012
Hi
Board meeting is enough for both cases in case of private limited company.
Board meeting is enough for both cases in case of private limited company.
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