The Ministry of Corporate Affairs notified Section 248 of the Companies Act, 2013 on December 26, 2016. The section deals with the power of the Registrar to remove name of a Company from the Register of Companies. This section provided an opportunity to defunct/inactive Companies to get their names struck off from the Register. It […]
Brief and Purpose of Right Issue of Shares: The word “Right” connotes certain advantage to its holder. In order to increase the subscribed/Paid-up Share Capital of a Company, shares are issued on Rights basis to its existing shareholders in proportion to their holdings or a decided ratio in the subject Company for consideration. The shares […]
Private Placement of Securities is a mean by which funds can be raised by the Corporates in a compliant manner. In this article, we have tried to cover practical and procedural aspects of Private Placement of Securities under the Companies Act in force and rules amended and modified therof.
