https://www.taxtmi.com/news?id=19629 A company must obtain a special resolution for each private placement offer and provide detailed disclosures in the explanatory statement and private placement offer cum application (Form PAS 4), including valuation and price justification, amount to be raised, use of proceeds, promoters' contribution, risk factors, defaults, litigation, regulatory inquiries, and nodal officer details. Offers are capped by the per security allottees limit with exclusions for qualified institutional buyers and employees; recordkeeping in Form PAS 5, allotment filing in Form PAS 3, and payment from subscriber bank accounts are mandated. en-us Thu, 15 Feb 2018 17:34:59 +0530 Fri, 16 Feb 2018 13:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=19629 A company must obtain a special resolution for each private placement offer and provide detailed disclosures in the explanatory statement and private placement offer cum application (Form PAS 4), including valuation and price justification, amount to be raised, use of proceeds, promoters' contribution, risk factors, defaults, litigation, regulatory inquiries, and nodal officer details. Offers are capped by the per security allottees limit with exclusions for qualified institutional buyers and employees; recordkeeping in Form PAS 5, allotment filing in Form PAS 3, and payment from subscriber bank accounts are mandated. News - Thu, 15 Feb 2018 17:34:59 +0530 https://www.taxtmi.com/news?id=19629