Allotment of shares

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..... Allotment of shares
Query (Issue) Started By: - Velayutham Panchatcharam Dated:- 28-7-2017 Last Reply Date:- 29-7-2017 Corporate Laws / SEBI / LLP
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Companies Law
Dear Sirs, Re .....

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..... quest your opinion on below issue On 16-6-2017, Board approved ₹ 30 crore to issue shares and money has to bring into India by 30-8-2017 On 26-7-2017, received ₹ 15 crore and balance wil .....

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..... l received by 30-8-2017 Understand need to allot shares within 60 days from the date of receipt of money. But within 60 days, there is no board meeting and our board also not interested paper minutes .....

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..... or circular memo. Please note board meeting will be held on 30-9-2017. Such being the case, what is the procedure for allotment without any violation of law? Regards Panch Reply By MARIAPPAN GOVIN .....

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..... DARAJAN: The Reply: You may consult the practising Company Secretaries in this regard.
Discussion Forum - Knowledge Sharing .....

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