Section 62(further issue of capital) companies act 2013
This query is : Resolved
RACHANA DAGA
(Querist)
21 February 2015
Respected sir,
What is the time gap between two consecutive further issue as per section 62 (1) of the companies act 2013? Is there any restriction regarding the further issue of share capital. The company wants to second further issue of share capital within same quarter. Is it possible?
What is the time gap between two consecutive further issue as per section 62 (1) of the companies act 2013? Is there any restriction regarding the further issue of share capital. The company wants to second further issue of share capital within same quarter. Is it possible?
CS JAY GOHIL
(Expert)
21 February 2015
yes, it is possible there is no restriction on further issuance of capital but it ll b ordinary shares as issued earlier
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