Resolution for issue of shares

CA Abhilasha Bhagat (ACA) (466 Points)

25 August 2014  

Dear all,

Which resolution is required under Companies Act, 2013 if a company wants to issue further shares to another company? As of now, the other company has already given unsecured loan and shares are to be issued against it only.


What are the other formalities / compliances in this case?