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A pvt company wants to cancel an allotment of equity shares. The return of allotment with respect to the same has been filed with the ROC and the same is approved. Is there any way by which the allotment can be cancelled?

Fund raising

Posted By: Latha 9 year(s) ago

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


Expert    Ankit Singhi

shares cannot be cancelled once it is allotted and share application money is received on the same

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