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GUIDELINES – ALLOTMENT OF SHARES OTHER THAN CASH- Series 468

GUIDELINES – ALLOTMENT OF SHARES OTHER THAN CASH Specifically Non Cash Allotment Short Summary: In this editorial author discussing about Provisions of allotment of shares other than cash consideration & process of same and drafts of the same. Section/ Rules Involved: a.         Section 62(1)(c) [1] Further Issue of Share Capital b.         Rule 13 [2] Issue of Shares on Preferential Basis c.          Section 42 Private Placement d.        Rule 14 Private Placement e.         Section 39 Allotment of Securities by Company f.           Rule 12 Return of Allotment Forms Involved: a.         MGT-14 Within 30 days of passing of Special Resolution b.         PAS-3 Within 30 days of passing of board resolution for allotment o