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Section 62 ,Companies Act 2013 mentions about further issue of share capital is applicable to which of the following companies?

Private Companies.

Public Companies.

Listed Companies.

Unlisted Companies

All of the above

Explanation:

According to Section 62 (1) of the Companies Act 2013, the procedure for issue
of shares is as follows:
1.Issue of notice of Board meeting
2.Convene the First Board Meeting
3.Issue Letter of Offer:min-15 days,max-30 days
4. File MGT – 14: The form MGT 14 is mandatory for a public limited company
5.Receive application money
6.Convene the Second Board Meeting
7.File the forms with ROC
8.Issue of Share Certificates:
Within 2 months from the date of allotment of shares. The share certificate must be signed by at least 2 directors. The share certificates must be issued in Form SH -1.

By: santosh

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