Friends, I have one Query, In Private Placement by Pvt. Ltd. Co., In Offer letter, for howmany days (maximum and minimum) the offer should kept open?
Vandana J Doshi
(Practising Company Secretary)
(12562 Points)
Replied 02 August 2014
Hi Ekta, as far as i know, no time frame has been mentioned for private placement offer letter.....however for rights issue it has been mentioned in sec 62.......
So i think that it will be the prerogative of the company to decide the time frame....it can also follow the one mentioned for rights issue....
others views solicited.....
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
CAclubindia
