Issue of shares for consideration other than cash

Under Companies Act 2013, what is the procedure for issue of shares for consideration other than cash in a pvt ltd company to its existing directors, say for acquisition of property?

Is it mandatory to attach the contract along with form PAS-3?

 

Replies (1)

The contract for the same is required to be attached, valuatin of property and shares required from the registered valuer and the complete procedure w.r.t. section 62. And teh complete procedure has been given the Artiocle tab of CCI

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