I am of the opinion that Pref allotment is against the provisions of the Companies Act 81 (!A). Go to initial of amendment made in 1959 or so. Read SOR and amendment carefully. It is not the object for which it was carried out.......... It is misconceived by MCA , SEBI and all others .
Contrary views invited...............
C A Shah D J
USA
From: Swami J <swamics@yahoo.com>
To: "csfratenity@yahoogroups.co.in" <csfratenity@yahoogroups.co.in>
Sent: Monday, 27 May 2013 9:59 PM
Subject: Re: [csfratenity] PREFERENTIAL ALLOTMENT RULES
Contrary views invited...............
C A Shah D J
USA
From: Swami J <swamics@yahoo.com>
To: "csfratenity@yahoogroups.co.in" <csfratenity@yahoogroups.co.in>
Sent: Monday, 27 May 2013 9:59 PM
Subject: Re: [csfratenity] PREFERENTIAL ALLOTMENT RULES
recent rules of 2011 applicable to unlisted public co.
regards
swami
chennai
From: shailender arora <shailender18876@yahoo.co.in>
To: "csfratenity@yahoogroups.co.in" <csfratenity@yahoogroups.co.in>; 105 smtp nirc <105smtpnirc@yahoogroups.com>; Company Secretary <company_secretary@yahoogroups.com>; "CharteredSecretaries@yahoogroups.co.in" <CharteredSecretaries@yahoogroups.co.in>; bhilai-ca yahoogroup <bhilai-ca@yahoogroups.com>; ACCA Prof yahoogroup <ACCA_Profs@yahoogroups.com>; ICAI_CIRC_MEERUT_CA <ICAI_CIRC_MEERUT_CA@yahoogroups.com>; Lucknowca_reinvented <Lucknowca_reinvented@yahoogroups.com>; CANEWS <CANEWS@yahoogroups.com>; NEXTGEN-CA <NEXTGEN-CA@yahoogroups.com>; CACMACS LINK <CaCmaCsLinks@yahoogroups.co.in>; "cschennai@googlegroups.com" <cschennai@googlegroups.com>; "kanpur_cs@yahoogroups.com" <kanpur_cs@yahoogroups.com>; ThaneCAs Group <ThaneCAs@yahoogroups.com>
Sent: Monday, May 27, 2013 12:47 PM
Subject: [csfratenity] PREFERENTIAL ALLOTMENT RULES
To: "csfratenity@yahoogroups.co.in" <csfratenity@yahoogroups.co.in>; 105 smtp nirc <105smtpnirc@yahoogroups.com>; Company Secretary <company_secretary@yahoogroups.com>; "CharteredSecretaries@yahoogroups.co.in" <CharteredSecretaries@yahoogroups.co.in>; bhilai-ca yahoogroup <bhilai-ca@yahoogroups.com>; ACCA Prof yahoogroup <ACCA_Profs@yahoogroups.com>; ICAI_CIRC_MEERUT_CA <ICAI_CIRC_MEERUT_CA@yahoogroups.com>; Lucknowca_reinvented <Lucknowca_reinvented@yahoogroups.com>; CANEWS <CANEWS@yahoogroups.com>; NEXTGEN-CA <NEXTGEN-CA@yahoogroups.com>; CACMACS LINK <CaCmaCsLinks@yahoogroups.co.in>; "cschennai@googlegroups.com" <cschennai@googlegroups.com>; "kanpur_cs@yahoogroups.com" <kanpur_cs@yahoogroups.com>; ThaneCAs Group <ThaneCAs@yahoogroups.com>
Sent: Monday, May 27, 2013 12:47 PM
Subject: [csfratenity] PREFERENTIAL ALLOTMENT RULES
Unlisted Public Companies (Preferential Allotment)
pls confirm me, presently, unlisted public companies (preferential allotment) rules 2003 are applicable or unlisted public companies (preferential allotment) rules 2011 are applicable
Shailender Kumar,
Company Secretary
Karnal-132001
Mob: 98962-54651
Company Secretary
Karnal-132001
Mob: 98962-54651
__._,_.___
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