Question
A private company wants to issue shares to selected
individuals through a private placement. Which section of the Companies Act, 2013 governs this process?Solution
Section 42 of the Companies Act, 2013 governs private placement of securities by a company to a select group of persons through a private offer letter.
Who is eligible to become a Member of the Producer Company?
According to the provisions as laid down under the Companies Act, can a Producer Company make a donation or subscription without any formal approval?
What is the shortcut key to terminate an application task or to reboot the operating system .
The observation of people at work that would reveal the one best way to do a task is known as
Which of these web browsers is also known as Nexus?
What is the requirement for transferring shares, along with any special rights, to an active Member of a Producer Company as per the Companies Act?
...What is the purpose of the "swap space" or "page file" in virtual memory management?
Which layer of the OSI model is used for ensuring that data is delivered without errors or loss?
Which of the following IFRS deals with Insurance Contracts?
The maximum number of public companies in which a person can be appointed as a director shall______________