https://www.taxtmi.com/highlights?id=69470 Validity of allotment of shares of R-1 Company in favor of R-3 and R-4 - The Articles of Association are binding on the company and its members and also on Board of Directors and if laid down procedure and principles have not been followed in allotment of shares to R-3 and R-4, the allotment cannot be held as valid. - AT en-us Fri, 28 Apr 2023 08:39:35 +0530 Fri, 28 Apr 2023 08:39:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=69470 Validity of allotment of shares of R-1 Company in favor of R-3 and R-4 - The Articles of Association are binding on the company and its members and also on Board of Directors and if laid down procedure and principles have not been followed in allotment of shares to R-3 and R-4, the allotment cannot be held as valid. - AT Highlights Companies Law Fri, 28 Apr 2023 08:39:35 +0530 https://www.taxtmi.com/highlights?id=69470