https://www.taxtmi.com/acts?id=15477 The provision permits companies to make securities offers by private placement without a prospectus if offers are limited to a prescribed number of persons, exclude certain institutional buyers, meet prescribed investment size and amount limits, use private placement offer letters, and comply with recordkeeping, banking of application monies, timely allotment or repayment safeguards, prohibition on public solicitation, filing requirements with the Registrar, and rulemaking by the central authority. en-us Mon, 19 Dec 2011 17:39:28 +0530 Mon, 19 Dec 2011 17:39:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=15477 The provision permits companies to make securities offers by private placement without a prospectus if offers are limited to a prescribed number of persons, exclude certain institutional buyers, meet prescribed investment size and amount limits, use private placement offer letters, and comply with recordkeeping, banking of application monies, timely allotment or repayment safeguards, prohibition on public solicitation, filing requirements with the Registrar, and rulemaking by the central authority. Act-Rules Bills Mon, 19 Dec 2011 17:39:28 +0530 https://www.taxtmi.com/acts?id=15477