62(1)(a) needs Share holders permission!???

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62(1)(a) needs Share holders permission!???
Replies (3)

Only Board Meeting is sufficient. However, 62(1)(c) NEED TO BE FOLLOWD AFTER THE APPROVAL OF SHAREHOLDERS ONLY ALONGWITH SPECIAL RESOLUTION ONLY

Approval of  shareholders is not required for rights issue u/s 62(1)(a).

 

thanks both of Uh :)


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