Minimum offer period under share issuance rules requires a statutory minimum notice before acceptance of offers. A mandatory minimum notice period applies to offers under the share subscription provision: any offer must remain open for acceptance for not less than ... Summary
Minimum offer period under share issuance rules requires a statutory minimum notice before acceptance of offers.
A mandatory minimum notice period applies to offers under the share subscription provision: any offer must remain open for acceptance for not less than seven days from the date of the offer, as inserted into the Companies (Share Capital and Debentures) Rules, 2014 by a subsequent notification.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.