Unlisted public companies (prefrential allotment) amendment
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
04 July 2012
Whether the time limit of 60 days for allotment of shares from the date of receipt of application is applicable to share application money taken prior to the notification came into effect??
04 July 2012
Hi
This will be applicable from the date of notification and not before the notification. Notification is silent about the treatment of share application money received before the notification.
This will be applicable from the date of notification and not before the notification. Notification is silent about the treatment of share application money received before the notification.
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