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A private company offered 120000 shares to its existing shareholders by way of right issue. The shareholders opted for subscribing only 100000 shares. Can the Company proceed with the allotment of 100000 shares.

Section 62- Further issue of share capital.

Posted By: Prerna kapoor 9 year(s) ago

This question has been closed if you want to answer,you have to re-open.


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Pramod Prabhudesai
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