Preferential issue of shares

Discussion in 'Corporate Law' started by varun, Sep 9, 2013.

  1. varun

    varun Member

    For a private limited company whose AOA include all the provisions defined in Section 3(1)(iii), except (d), can someone please help me with the detailed procedure regarding what steps the company should take for making a preferential issue of shares to a person who is not a member or an existing shareholder of the company. The closest answers that I could find on this forum are these: The following link gives general procedure regarding issue of shares by private placement and includes procedure for public as well as private companies. So I am little confused regarding the most appropriate method of handling this one.

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