Allotment of Shares
What is Allotment of Shares?
A Private Limited Company may issue its shares by way of right issue, bonus issue, private placement and preferential share allotment. Right issue or bonus issue is used in case of a share issue to the existing shareholders while, Private place or preferential share allotment is used to offer securities to a selected group of people. Allotment of shares is done by TS Associates.
Documents Required
- Article of Association of the Company must not restrict the right to make such allotment
- Name of the Allottee
- Father’s Name of the Allottee
- Full address with PIN
- PAN card copy of the person
- Aadhaar Card Copy of the person
- Authorized capital of the Company must have the limit to allot the required shares
- No of shares to be Allotted