https://www.taxtmi.com/acts?id=12350 References to offering shares or debentures to the public in the Act or a company's articles include offering them to any section of the public, whether selected as members, debenture holders, clients, or otherwise, subject to exceptions where the offer is not calculated to make securities available beyond recipients or is a domestic concern; company articles prohibiting public invitations do not prevent invitations to members or debenture holders falling within those exceptions, and private company provisions are to be construed accordingly. en-us Fri, 06 May 2011 16:25:34 +0530 Sat, 07 May 2011 10:12:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=12350 References to offering shares or debentures to the public in the Act or a company's articles include offering them to any section of the public, whether selected as members, debenture holders, clients, or otherwise, subject to exceptions where the offer is not calculated to make securities available beyond recipients or is a domestic concern; company articles prohibiting public invitations do not prevent invitations to members or debenture holders falling within those exceptions, and private company provisions are to be construed accordingly. Act-Rules Companies Law Fri, 06 May 2011 16:25:34 +0530 https://www.taxtmi.com/acts?id=12350