Allotment of shares to the existing shareholders of a pvt co

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What is the procedure to allot shares to the existing shareholders of the company? And the shares will be alloted to the 3 shareholders on three different dates within a gap of 2-3 days in between. Can this be done incase of a Pvt Ltd company? Kindly help me out.

Replies (3)

Dear,

you have two option

1. to issue share in right basis by following the provisions of section 62(1)(a), in such case u have to offer the shares to ALL existing sharoholders.

2.follow the procedure of preferentila allotment everytime u issue the shares to one shraholder. but this procedure will lead to lots of documentation.

Can anyone help me out with the format of resolutions. letter of offer, letter of acceptance regarding the rights issue?

Originally posted by : Jayanti Dey
Can anyone help me out with the format of resolutions. letter of offer, letter of acceptance regarding the rights issue?

PFA

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