I was about to work on preferential allotment of shares for an unlisted public company. Does any of the applicable (98) sections of the Companies Act, 2013 have affected the preferential allotment of shares? I find that preferential allotment may be done as we used to do earlier and no new section has to be referred to. Am I right?
Menu
Unlisted preferential allotment & applicable sec of ca 2013
Replies (2)
Yes, Sec.81(1A) of CA 1956 dealing with preferential allotment is still in force.
As per my perception, No new changes is notified in accordance with the Companies Act, 2013. Refer the last circular issued in this regard i.e. of December, 2011
Recent Topic
- Client consent under DPDPA: Is client sharing PAN,
- TDS MISMATCH
- Rebate on other income even if LTCG is above my 12
- Need CA to certify shareholding pattern.
- Ltcg savings
- Please share the roc and income tax compliance fo
- Proprietor have 2 business. One is registered unde
- ITR-4 – Gross Receipts or Turnover for Secti
- Unrelated entries in AIS and Form 26as
- Payment to foreign national
Related Topics
CAclubindia
