Query: In case of a right issue of shares by a private limited company for which board meeting we should file MGT 14 u/s 179(3)(c). Is it for the Board Meeting where rights issues offer is made or the Board Meeting where rights issue shares are issued and allotted?
Answer: In case of Rights issue, you shall be required to file Form MGT-14 under section 179(3) within 30 Days of passing the Board Resolution in which Shares are issued and allotted and put its SRN in Form PAS 3 accordingly.
