RIGHT ISSUE PROVISION

[Guest]

PLZ TELL ME RIGHT ISSUE PROVISION REGARDING NIDHI COMPANY NOTIFIED UNDER SECTION 620A

[Surender Gupta]

You need to search  notifications issued u/s 620A in respect to your query. A sample search link is as follows:

https://www.taxtmi.com/notifications

AI Summary

Right issue provision for nidhi companies: consult statutory notifications to determine applicable regulatory requirements. The enquirer sought the right issue provision applicable to a nidhi company under the relevant statutory clause; the respondent advised consulting the notifications issued under that clause and provided a sample search link to locate the applicable notification and determine the precise regulatory requirements for a right issue by a nidhi company.