Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Petition under section 79 for sanction of issue of shares at a discount

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... discount A.B. Co., Ltd., the Petitioner above-named, states as follows: 1. The above named company, the petitioner herein (hereinafter called 'the company') was registered on the ................ day of ................ 19 ......... under the provisions of the [Companies Act, 1956] as a company limited by shares. 2. The registered office of the company is situate at ................ 3 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ss. 6. By a resolution of the company duly passed in accordance with section 189, at a general meeting of the company held on the ................ day of ............. 19 ........ after due notice as provided in the Act, it was unanimously (or by a majority of ................ votes to ................ votes) resolved as follows: [Here set out the resolution] [If the rate of discount exce .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... s. ................ each at a discount of ................ per cent resolved on by a resolution of the company passed at its general meeting held on the ............ day of .............. 19 ........, be sanctioned, and (2) That further or other order be made as to the Court may seem fit. Dated ................ Advocate for petitioner. Petitioner ---------------- .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates