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    Re: Allotment of Shares Pending Approval of SH7

    Posted By : Sachin / Published on : 19-Jun-2021 04:58 PM / View : 795 / Comment : 0

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    Dear Friends

    we have filed form SH7 for increase in authorized share capital of the company

    now pending approval of form SH7 can we allot bonus shares as I understand that filing of form SH7 is only notice to registrar for increase in authorized capital...as such increase in authorized share capital is approved with the approval of the shareholders in the general meeting and is not subject to ROC approval

    Kindly confirm my understanding
    Read more on : approval pending shares allotment

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