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Share certificates

This query is : Resolved 
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(Querist)
18 February 2014 Dear Sir

Are we required to hold any Board meeting to issue shares to subscribers of MOA.(The shares were issued to them at the time of incorporation)
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Arvind Ray

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Arvind Ray (Expert)
18 February 2014 Board meeting is required to formally record that subscription amount has been received and further the board will direct issuance of share certificates.
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