Share Capital - Further Issue Whether the section covers cases of further allotment out of unsubscribed portion of capital and sale of forfeited shares

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..... -1976 Circular
Companies Law
Letter : No. 2(27)/56‑PR, dated 4‑10‑1976. Subject:- Share Capital - Further Issue ‑ Whether the section covers cases of further allotment o .....

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..... fore, applicable to the remaining shares which were issued already. The said section is also not applicable to the sale of forfeited shares for which no allotment is necessary.
Circular, Trade Not .....

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