Issue & Allotment of Shares Checklist
This Issue & Allotment of Shares Checklist runs through all the issues and questions you need to consider when issuing and allotting shares in a private company.
The issue and allotment of shares in a private company is governed by the Companies Act 2006 and is an essential administrative process for any company. A company may allot shares when it is first set up or at any time during its lifetime, to raise share capital or introduce new shareholders.
This checklist runs through all the (often complex) steps you need to consider in this process, as well as the questions you need to ask including in relation to:
• Authorised share capital;
• Authority to allot shares;
• Pre-emption rights; implementing the allotment; and
• Post allotment issues.
This checklist complements and may be read in conjunction with the various shareholder resolutions and board minutes also included within this Sub-folder.
This checklist is in open format.
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