Board resolution will suffice unless otherwise so suggest contrary.
Board meeting for issuing offer letter
Issue of offer letter as per 62 I a I, closing the offer maximum by 15days
Getting acceptance or denial letter
Allot in a board meeting and file pas 3 as per section 39(4).
Rights issue is not covered under preferential issue and is very simple to do. Offer letter also as of now no specific format.
Board meeting for issuing offer letter
Issue of offer letter as per 62 I a I, closing the offer maximum by 15days
Getting acceptance or denial letter
Allot in a board meeting and file pas 3 as per section 39(4).
Rights issue is not covered under preferential issue and is very simple to do. Offer letter also as of now no specific format.
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