Allotment of Shares
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Procedure for Allotment of Shares
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What is Allotment of Shares
A Private Limited Company may give its shares by means of the right issue, bonus issue, private placement, and preferential share allotment.
The right issue or bonus issue is employed just in case of a share issue to the prevailing shareholders whereas, Private place or preferential share allotment is utilized to supply securities to a particular cluster of peoples. Allotment of shares is finished by Majestic Group.