TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Companies (Prospectus and Allotment of Securities) Rules, 2014: Private Placement Requires Shareholder Approval, Limited to 200 Persons Annually</h1> Under the Companies (Prospectus and Allotment of Securities) Rules, 2014, a company can make a private placement of securities only after obtaining shareholder approval through a special resolution. The offer must disclose details such as the type, price, and valuation of securities, and cannot exceed 200 persons annually, excluding qualified institutional buyers and employee stock options. Offers to entities from countries sharing a land border with India require government approval. Payments must be made from the subscriber's bank account, and records must be maintained in prescribed forms. Specific exemptions apply to registered non-banking financial and housing finance companies.
TaxTMI 
TaxTMI 
