Shares
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 December 2013
CAN A PRIVATE COMPANY ISSUE SHARES TO A MINOR CHILD. IF YES WHAT ARE THE FORMALITIES FOR IT.
PLEASE REPLY
THANKS IN ADVANCE
PLEASE REPLY
THANKS IN ADVANCE
28 December 2013
Hi
It is not possible. However you can do allotment in the name of guardian of minor.
Thanks
It is not possible. However you can do allotment in the name of guardian of minor.
Thanks
04 January 2014
Agree with the opinion of expert.
Fully paid up shares can be allotted to minor through his/her guardian.
Fully paid up shares can be allotted to minor through his/her guardian.
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