ALLOTMENT OF SHARES - PUBLIC COMPANY

First u tell that yr company allote the share to whom ,,,,,,,,, if they are only friends and relative then no need to held EGM .U can do it by simply

1. Holding board meeting and pass the board resolution for allotment

2. File e-form 2 

and secondly if yr company is public limited company then do as u right above

1.  Holding board meeting fix the date of EGM

2. call the meeting and pass the  Special resolution

3. file the e- form 2 and 23 within 30 days.

any one can explain me detailed procedure for allotment of preferencial shares in a public limited comapny.is it necessary to send the details of share holders to registar of companies.

santosh

Hi

You have to attach the list of allottees with form 2 file with MCA.

any one can explain how a private limited company allot i'ts shares to listed company to become a subsidiary company.

Kindly give the procedure and resolution

Dear Friend

Procedure for Issue of shares Under section 81(1A) of the Companies Act, 1956

1. Hold a Board meeting for calling of General Meeting for passing resolution;
2. Send notice to all shareholders and directors
3. Hold a EGM/AGM
4. File form no. 23 with ROC with in 30 days fo passing of such resolution.
5. Call a Board Meeting for allotment of such shares
6. File Form-2 with ROC within 30 days of Allotment.

Regards

CS Ajay Mishra

can anybody pls tell me the procedure of allotment of shares by the public company which is not a listed one, to its existing shareholders. pls note that the date of allotment will be 31/03/2014, so according to me the the provision of comapnies act 1956 wll be apply over here.?