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An Act, Further to Amend the Companies Act, 1956 Form

An Act, Further to Amend the Companies Act, 1956 Form

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hello and welcome to another post and in this post I am going to speak on further issue of shares now further issue of shares comes under Section 62 of the Indian Companies Act and this section gives power to the company to issue shares of of the company to existing equity shareholders of the company so here we are going to discuss in what are the procedural angles like first the cutoff date has to be taken on which the company is going to decide keep this are the list of the registered members to whom the shares will be given now once the date has been decided the letter of offer has to be made ready and the application form has to be made ready which will be given to all the equity shareholders the existing equity shareholders so a board meeting will be held in which the resolution will be passed for approval of further issue of shares so the number of sales to be issued the value to which it has to be issued and whether it has to be issued to all the existing equity shareholders or

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