shares for Salary

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Prathap

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Dec 13, 2022, 6:42:14 AM12/13/22
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Dear Members,

Is it ok to allot shares to Director  considering the salary due amount upto the date of allotment, any approval is required if it is a pub unlisted co..


Regards.

Ramakrishnan J

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Dec 15, 2022, 2:46:23 AM12/15/22
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It can be done through private placement but check the Income Tax implications with your auditor first.
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