Uma
asked about 3 years ago
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2 Answers
acharya
answered almost 3 years ago
(1) Only a public company limited by shares can issue share warrants.
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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.
