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Q & A

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Director of Unlisted public limited deposited money with the Company as a deposit. Now company wants to issue shares in lieu of deposits. Can a company issue shares to such Director ? If yes how the conditions of separate bank account, PAS 4 and 5 can be fulfilled ?

Private placement

Posted By: Atul kulkarni 7 year(s) ago

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