Shares of pvt ltd co

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Querist : Anonymous

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Querist : Anonymous (Querist)
17 September 2013 Can date of application of shares and allotment of the shares be the same in case of a pvt ltd co.?
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Ajay Mishra

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Ajay Mishra (Expert)
17 September 2013 Yes, very much possible in the pvt.ltd. company.
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Querist : Anonymous

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Querist : Anonymous (Querist)
17 September 2013 thnk u sir. also can you tell me if there is anything mentioned in the company act or any other applicable law regarding this situation?
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Ajay Mishra

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Ajay Mishra (Expert)
17 September 2013 No, it is not mentioned as and when you receive money, you allot the share accordingly.
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Querist : Anonymous

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Querist : Anonymous (Querist)
19 September 2013 thank u very much sir
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Ajay Mishra

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Ajay Mishra (Expert)
19 September 2013 My Pleasure.............
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