Section 42.Offer or invitation for subscription of securities on private placement- (2) A private placement shall be made only to a select group of persons who have been identified by the Board (herein referred to as “identified persons”), whose number shall not exceed fifty or such higher number as may be prescribed [excluding the qualified institutional buyers and employees of the company being offered securities under a scheme of employees stock option in terms of provisions of clause (b) of sub-section (1) of section 62], in a financial year subject to such conditions as may be prescribed.- Companies (Prospectus and Allotment of Securities) Rules,2014- Rule14. Private Placement. (2) For the purpose of sub-section (2) of section 42, an offer or invitation to subscribe securities under private placement shall not be made to persons more than two hundred in the aggregate in a financial year.
According to the recently released report of projected world population by the UN’s World Population Prospects, 2022, by which year is India expected...
Hari Chand, a two-time Olympian and a double Asian Games gold medallist has recently passed away.He was associated with?
Under what conditions can financial services be offered by units in an International Financial Service Centre (IFSC) to non-residents, according to the ...
Who is the author of the recently released Queen of Fire book?
In November 2021, ____________ has approved a USD 1.5 billion (around Rs 11,185 crore) loan to India for COVID-19 vaccine procurement.
What is the purpose of the Automated Permanent Academic Account Registry (APAAR) introduced by the central government for school children?
Which country became the first to approve the popular election of judges at all levels?
How many titles has Iga Swiatek won at the WTA 1000 level after her recent victory at the Madrid Open?
Consider the following statements aboutExercise VINBAX:
1. Recently, Indian Armed Forces contingent took participate in this Exercise ....
________ has approved Rs 2,644.85 crore (USD 350 million) loan for India to help improve its urban services.