Company Law : Explore the nuances between Preferential Allotment and Private Placement in corporate financing. Understand their differences in r...
Company Law : Step-by-step guide on issuing equity shares through private placement, including timelines, required documents, and regulatory com...
Company Law : Learn about Private Placement under Section 42 of the Companies Act, 2013 and its rules & forms. Understand the investment thresho...
CA, CS, CMA : Discover the seamless process for A Listed Company issuing Non-Convertible Debentures (NCD) on a private placement basis. Learn ab...
Company Law : Learn about private placement in companies, including its regulations, conditions, and compliance requirements. Understand the adv...
Income Tax : A bill enabling the State Bank of India (SBI) to split its shares and issue bonus shares may be placed in the current winter sessi...
Income Tax : The Taxpayer incurred interest expenditure on the funds borrowed for investing in shares of a company, with a view to acquire cont...
Company Law : The MCA has penalized Richesm Healthcare Limited for making private placement offers without closing previous ones. Learn more abo...
Company Law : The facts of case reveal that Ambium Finserve issued debentures on a private placement basis without completing first allotment, w...
Company Law : Government imposes Rs. 2.89 crore penalty on Mayasheel Retail India for violating private placement rules. Explore the case detail...
Company Law : Ministry of Corporate Affairs fines Planify Capital Ltd. Rs. 7 Crore for breaching Companies Act with unauthorized securities issu...
Company Law : MCA imposes penalty on Motisons Jewellers Ltd for issuing private placement offer before filing special resolution. Detailed analy...
e-Form MGT-14 for board resolution, even in private company, shall be filed with the Registrar of Companies within 30 days of passing of board resolution and pay fee as per the Companies (Registration Offices and Fees) Rules, 2014.
Section 42 of the Companies Act, 2013 (‘CA 2013’) relating to private placement norms for issue of securities, was substituted by the Companies (Amendment) Act, 2017 w.e.f. 07.08.2018. Simultaneously, Companies (Prospectus and Allotment of Securities) Rules, 2014 was amended by the Companies (Prospectus and Allotment of Securities) Second Amendment Rules, 2018 w.e.f. 07.08.2018. The amendments […]
Key Points of Private Placement under Section 42 of Companies Act, 2013 read with The Companies (Prospectus and Allotment of Securities) Rules, 2014 PRIVATE PLACEMENT{Explanation I of Section 42(3)} Private Placement means any offer or invitation to subscribe or issue of securities to a select group of persons by a company (other than by way […]
Private Placement of Securities: A Wider Perspective (Including relevant compliance in case shares allotted to NRI Entity) The purpose of this article is to get an overlook about the applicable provisions, process to be complied along with requirements of law where at any time, a company having a share capital proposes to increase its subscribed […]
Startup fundraising through issue of shares on preferential and private placement basis and legal aspects thereof for unlisted company INTRODUCTION Startup ecosystem is at growth stage since from year 2015 and it has encouraged individuals or group of person to make a shift from the status of employee to employer by founding their own startup, […]
APPLICABLE SECTIONS AND RULES In order to understand the concept of Private Placement better we have to look into applicable Sections and Rules which governs the said concept. ♦ Applicable Section: Section 42 of the Companies Act, 2013 ♦ Applicable Rule: Rule 14 of the Companies (Prospectus and Allotment of Securities) Rules, 2014 PRIVATE PLACEMENT […]
Private Placement by Private Companies and Unlisted Public Companies Before understanding the Private Placement, we have to understand the different methods and applicable laws according to which the Companies can issue Securities. On the basis of Section 23 of the Companies Act, 2013, we can divide companies into two parts on the basis of the […]
Lack of funds is very crucial reason to affect the health of business in India. To cope of with Dynamic Business Rush for expansion of existing one or setting up new venture / projects by small or Private limited company need sufficient money or working capital. Applicable Section: Section 42 of Companies Act, 2013 Applicable […]
Private Placement means offer and issuance of shares to a select group of persons by a Company. The Procedure for issuance of shares on Private Placement Basis is as follows: 1) Hold a Board Meeting: The first and the foremost step for issuing shares on a Private Placement Basis is to hold a Board Meeting […]
Private equity investment refers to the investments made by private equity firms, venture capital (VC) firms or an angel investor. Each of these types of investor has a different goal and employs different investment strategies but they all provide capital to a company to aid its growth or satisfy working capital requirements
