Share capital
This query is : Resolved
09 September 2014
i want to ask that if a company want to issue new shares to persons other than existing share holders whether company is required approval of existing share holders as per new companies act 2013
09 September 2014
Yes.
Pursuant to Sections 42 & 62 and Rule 14 of Companies (Prospectus and Allotment of Securities) Rules, 2014 Special Resolution required to be passed at the general meeting
Pursuant to Sections 42 & 62 and Rule 14 of Companies (Prospectus and Allotment of Securities) Rules, 2014 Special Resolution required to be passed at the general meeting
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