TaxTMI 
TaxTMI 
Dear All,
We have made a allotment of shares in Jul'11 and want to issue further shares. Cat it's possible if no than what is the time gap between two allotment.
Time gap between two allotment
18 Feb 2012 
2 Replies 
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No time gap for share allotments permits successive issuances by non-listed companies under company law provisions.
No time gap is required between successive share allotments for non listed companies. Successive allotments may be made without a prescribed interval, subject to compliance with the Companies Act and applicable procedural and internal corporate approval requirements. (AI Summary)
No time gap is required between successive share allotments for non listed companies. Successive allotments may be made without a prescribed interval, subject to compliance with the Companies Act and applicable procedural and internal corporate approval requirements. (AI Summary)