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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?
I wish to practice in IPR Services, please guide me.
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