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Share application

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deepa (Querist)
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12 September 2011 Is it necessary to give share application form where shares are allotted as a reult of business takeover. Please suggest. Also for subcription to MOA is it necessary to give share application form?

JAHNVI (Expert)
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13 September 2011 In both of the cases you do not require to give share application as in takeover you get shares of other company as per basis decided by board & in case of subsriber to MOA mean they have sign MOA & shares are allotted on that basis, so do not rquire any share application.

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