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private company issue right share or bonus share

Others 466 views 3 replies
can a private company issue securities through right issue or bonus issue??
Replies (3)
Hey Moloabik
As per section 63 a company can issue bonous shares there is no specifically provided for public company and same is with right issue .

Conclusion yes a private company can issue bonous as well as right shares to its members .
Regards
Yes it can...

Both Private as well as Public Company can issue securities through Right as well as Bonus Issue.

Warm Regards.

You can get all the documents/ agreements/ resolutions/ replies/ petitions from the website www.corporatedrafting.com

With respect to your issue relating to the right issue/ bonus issue.

follow the link https://corporatedrafting.com/product-category/document/compnies/increase-in-authorise-capital/increase-in-paid-up-capital/right-issue-of-shares/

 


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