private placement notification

Comments invited on proposed rules for preferential allotment u/s 81 of Companies Act, 1956

F.No. 12/13/2011-Legal (24/05/2011)

In exercise of the powers conferred by sub Section (1-A) of Section 81 of the Companies Act 1956 read with Section 642 of the said Act, the Central Government hereby makes the following rules in supersession of unlisted Public companies (Preferential Allotment) Rules, 2003. 1. Short Title and Commencement -(i) These rules may be call...

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