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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- Rule 14. 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: Provided that any offer or invitation made to qualified institutional buyers, or to employees of the company under a scheme of employees stock option as per provisions of clause (b) of sub-section (1) of section 62 shall not be considered while calculating the limit of two hundred persons
In 2020, the Ministry of Home Affairs constituted a committee to review the three codes of criminal law. Who was appointed as the head of this committee?
As expressly mentioned in the definition of evidence under S.3 of the Indian Evidence Act, 1872, evidence means and includes-
Which of the following accurately describes the Authority's powers regarding the examination of re-insurance treaties under the Insurance Act?
The President shall cause to be laid the recommendations of the Finance Commission along with the explanatory memorandum before________________
Theft is an offense against_______________
The liability of legal representative in case of penalty payable under SEBI Act shall be
Under the IBC the _______________ shall submit the resolution plan as approved by the committee of creditors to the Adjudicating Authority
In which case it was held that the “goods on a display are an invitation, not an offer?