TMI BlogDefinitions.X X X X Extracts X X X X X X X X Extracts X X X X ..... ant to the provisions 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 pe ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ******* NOTES:- 1. Substituted vide NOTIFICATION 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 rel ..... X X X X Extracts X X X X X X X X Extracts X X X X
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