https://www.taxtmi.com/article/detailed?id=16462 Private placement under section 42 of the Companies Act, 2013 permits a company to offer securities only to a select group identified by the Board, subject to prescribed conditions and not by way of public offer. The issue is capped at 200 persons in a financial year, requires shareholder approval by special resolution, and must disclose the offer particulars, pricing basis, valuation details, intended amount, and objects. The offer must be made in Form PAS-4, with payment through banking channels, allotment within 60 days, maintenance of PAS-5, and filing of PAS-3 within 15 days. en-us Thu, 21 May 2026 08:31:33 +0530 Thu, 21 May 2026 08:31:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=16462 Private placement under section 42 of the Companies Act, 2013 permits a company to offer securities only to a select group identified by the Board, subject to prescribed conditions and not by way of public offer. The issue is capped at 200 persons in a financial year, requires shareholder approval by special resolution, and must disclose the offer particulars, pricing basis, valuation details, intended amount, and objects. The offer must be made in Form PAS-4, with payment through banking channels, allotment within 60 days, maintenance of PAS-5, and filing of PAS-3 within 15 days. Articles Corporate Laws / IBC / SEBI Thu, 21 May 2026 08:31:33 +0530 https://www.taxtmi.com/article/detailed?id=16462