Law · Corporate

Section 62 Companies Act — Further Issue of Share Capital

Rights issue to existing shareholders; ESOP; preferential allotment. (Companies Act, 2013)

Type: noun Branch: Corporate Level: Intermediate Jurisdiction: India

Pronunciation: 🇺🇸 US/ˈsɛkʃən ˈkəmpəniz ækt ˈfərðər ˈɪʃu əv ʃɛr ˈkæpɪtəl/ 🇬🇧 UK/ˈsɛkʃən ˈkəmpəniz ækt ˈfəðə ˈɪʃu əv ʃɛr ˈkæpɪtəl/

Definition

Rights issue to existing shareholders; ESOP; preferential allotment. (Companies Act, 2013)

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