Right issue - period for which it can open - for nbfc

As per ICDR 2009 for listed companies A rights issue shall be open for subscripttion for a minimum period of fifteen days and for a maximum period of thirty days.

In case of unlisted public companies for issuance of shared to existing shareholders only Ordinary Resolution is require as per section 81(1) of the Companies Act 1956

For nidhi comapnies i have no Idea.......

SUSHEEL

I TRY TO SHUT OUT YOUR PROBLEM EARLIER.