https://www.taxtmi.com/article/detailed?id=5524 Private placement is an offer of securities to a select group, excluding specified institutional buyers and employee scheme recipients; offers exceeding the permitted recipient limits or otherwise non compliant are treated as public offers. Offers must be made only to persons recorded prior to invitation, by prescribed private placement offer letter, with prior shareholder approval by special resolution. Subscription monies must be received through banking channels into a separate account, allotments made within the statutory timeline or monies refunded with interest, and specified filings and returns made with the Registrar and securities regulator. en-us Fri, 14 Mar 2014 07:52:24 +0530 Fri, 14 Mar 2014 07:52:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=5524 Private placement is an offer of securities to a select group, excluding specified institutional buyers and employee scheme recipients; offers exceeding the permitted recipient limits or otherwise non compliant are treated as public offers. Offers must be made only to persons recorded prior to invitation, by prescribed private placement offer letter, with prior shareholder approval by special resolution. Subscription monies must be received through banking channels into a separate account, allotments made within the statutory timeline or monies refunded with interest, and specified filings and returns made with the Registrar and securities regulator. Articles Corporate Laws / IBC / SEBI Fri, 14 Mar 2014 07:52:24 +0530 https://www.taxtmi.com/article/detailed?id=5524