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    Need Expert Guidance on Query of Right Issue in Private Company

    Posted By : SHALU / Published on : 24-Nov-2021 09:27 AM / View : 507 / Comment : 0
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    Dear Experts,

    Can Company call for 25% of the total right issue amount now and remaining upon its discretion.. however, the Company is issuing and allotting total shares?

    In brief, can company make right issue of all the shares and receive only 25% of the consideration amount as application money?

    Is there any restriction for Right Issue as per Companies Act in private companies regarding aforesaid?
    Read more on : issue private company right query expert guidance need

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