Uma
asked almost 3 years ago
0
0
Answer Now
Comment
Report
2 Answers
acharya
answered over 2 years ago
(1) Only a public company limited by shares can issue share warrants.
Important Note – Preparing for CA Final?
CAKART provides Indias top faculty each subject video classes and lectures – online & in Pen Drive/ DVD – at very cost effective rates. Get video classes from CAKART.in. Quality is much better than local tuition, so results are much better.
Watch Sample Video Now by clicking on the link(s) below –
For any questions Request A Call Back
narahari
answered almost 3 years ago
(1) Only a public company limited by shares can issue share warrants. (2) Share warrants cannot be issued originally. Only share certificates for fully paid shares can be converted into share warrants. (3) The articles of association must authorize the issue of share warrants. (4) Approval of Central Government must be obtained for issuing share warrants.
