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what is the difference between private placement and preferential allotment for a private limited company. I a private company wish to raise some capital by issuing new shares to some of the freinds and family members of the directors/promoters which section will be applicable sec 42 or 62. Further we treat this as a private placement thn will the valuation of shares is required by the registered valuer which is a requirement of sec 62. further who r these registered valuer as on today.

Private placement

Posted By: Anita 10 year(s) ago

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


Expert    Ankit Singhi

there is no such difference. both the sections 42 and 62 will apply

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