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..... sions of subsection (1A) of section 81 of the Companies Act, 1956; Provided that the name, father's name, address and occupation of persons to whom such allotment is proposed to be made shall be mentioned in the resolution passed by the members under that sub-section: Provided further that persons to whom such offer is proposed, shall not be more than forty-nine as per the first proviso to sub-s .....

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..... N NO. G.S.R.879 (E) dated 14-12-2011 before it was read as "(1) "Preferential Allotment" includes issue of shares on preferential basis and/or through private placement made by a company in pursuance of a resolution passed under sub-section (1A) of section 81 of the Companies Act, 1956 and issue of shares to the promoters and their relatives either in public issue or otherwise.&quo .....

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