• Filter Your Search
            
       
 
Notifications
(0)
Circulars
(0)
Orders
(0)
News
(0)
Queries
(0)
No updates found in last 7 days.
Notifications|Circulars|Orders|News|Queries


Q & A

 
2164 Views 2 Ans

What is the difference between allotment under private placement and prefrential allotment? Can allotment of public limited company can be done under private placement? please clarify.

Private placement

Posted By: Vishal arora 10 year(s) ago

This question has been closed if you want to answer,you have to re-open.


    SUSHIL KUMAR ANTAL

Please note that under Private Placement the definition of securities is wider. Under Preferential allotment only equity shares, fully convertible debentures, partly convertible debentures or any other securities, would be convertible into or exchanged with equity shares at a later date is covered. Whereas convertible and non convertible securities covers in Private Placement.

  • Comment
  •   Comment (0)

    Akansha

Preferential allotment is covered under section 62 of the Act and it includes equity shares, fully convertible debentures, partly convertible debentures or any other securities, would be convertible into or exchanged with equity shares at a later date. As per sec 23 of the Act public company may issue securities under private placement by complying with the provisions part II of Chapter IV of the Act.

  • Comment
  •   Comment (0)

Recently Active Member

Recently Active Member

Pramod Prabhudesai
B D Jokhakar & Co

Post Your Question
My Q&A
 


Topic

Sections

About Q&A

Q & A is a unique platform to get your answers. You can create questions by topics or sections for easy identification of your query . You get various alerts to keep you connected and can also search your query.


So keep posting and stay connected
#
Companies Act 2013/1956
Decoding the New Act
Resource Center
My Section
Information Cafe
Calculators


COPYRIGHT NOTICE: All information and material posted in this website (including but not limited to text, audio, video or graphical images), are subject to copyrights owned by Corporate Professionals eSolutions Private Limited, its affiliates and associates. Any reproduction, retransmission, republication, or other use of all or part of this document is expressly prohibited, unless prior permission has been granted by Corporate Professionals eSolutions Private Limited. All other rights reserved.

© Corporate Professionals eSolutions Pvt Ltd. | All Rights reserved
Scroll