https://www.taxtmi.com/notifications?id=23982 The Rules regulate preferential allotment by unlisted public companies for equity and convertible instruments, defining "promoter" and "control"; requiring articles authorization and a special resolution acted upon within twelve months; mandating advance pricing for shares underlying warrants; specifying detailed disclosures in the explanatory statement including price, relevant date, objects, classes of allottees, promoters' subscription intention, shareholding pattern, timing and change in control; and requiring a statutory auditor or practicing company secretary certificate of compliance to be placed before the shareholders' meeting. en-us Thu, 04 Dec 2003 00:00:00 +0530 Fri, 24 Jun 2011 17:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=23982 The Rules regulate preferential allotment by unlisted public companies for equity and convertible instruments, defining "promoter" and "control"; requiring articles authorization and a special resolution acted upon within twelve months; mandating advance pricing for shares underlying warrants; specifying detailed disclosures in the explanatory statement including price, relevant date, objects, classes of allottees, promoters' subscription intention, shareholding pattern, timing and change in control; and requiring a statutory auditor or practicing company secretary certificate of compliance to be placed before the shareholders' meeting. Notifications Companies Law Thu, 04 Dec 2003 00:00:00 +0530 https://www.taxtmi.com/notifications?id=23982