Notice period flexibility: prescribed shorter notice allowed for rights issuance under companies amendment procedural provision. The amendment inserts authority to permit a lesser number of days as may be prescribed after the words "less than fifteen days", thereby allowing a ... Summary
Notice period flexibility: prescribed shorter notice allowed for rights issuance under companies amendment procedural provision.
The amendment inserts authority to permit a lesser number of days as may be prescribed after the words "less than fifteen days", thereby allowing a prescribed shorter notice period for offers of shares under the rights/offer provision previously subject to the fixed threshold.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
Join Channel
TaxTMI 
