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Dhawal Jain (Proprietor)     27 June 2014

Issue of shares to directors in a private limited company?

I have a private limited Company as a client. Very recently the company got its Authorised Capital changed and raised it. Number of Members in the company are two and the first directors are 2.

The members or the directors (the same parties) want to be allotted the balance share capital left after increasing Authorised Share Capital.

What is the procedure for allotment of shares to the directors/members. Also, which forms are to be filed with the RoC



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