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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.
Which type of message format is recommended by the IFSCA for faster processing of credit confirmation, as per the circular issued in January 2024?
Which of the following is/are the eligibilities to participate in the Pradhan Mantri Shram Yogi Maan-Dhan Yojana?
I- The workers in the age gro...
In cost accounting, overheads are classified into various categories based on the nature of the expenses. Which category do Director’s remuneration an...
Which of the following best describes the law of demand?
What percentage increase in ratings was recorded for financial centers in the Asia/Pacific region in GFCI 35?
Every Parent Bank shall be permitted to establish ……………..in each International Financial Services Centre, as a branch
Which of the following Schemes of Government contributed towards Inclusive Growth of India?
I- Mahatma Gandhi National Rural Employment Guarantee...
Who is designated as the Chairperson of the Board for Regulation and Supervision of Payment and Settlement Systems according to the IFSCA Regulations 2024?
Which of the following is a technique for waste minimization that explains how a work space should be organized for efficiency and effectiveness by iden...
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