Diffirence b/w preferential allotment & private placement
This query is : Resolved
04 July 2015
Hello
Please tell me...what is the difference between preferential allotment and private placement.
Thanks
Please tell me...what is the difference between preferential allotment and private placement.
Thanks
07 July 2015
There is no difference between them.
The only thing is 'Private Placement' word is used in Companies Act. Whereas, SEBI uses 'Preferential Allotment' for the same purpose.
You will never find a word 'Preferential Allotment' in Companies Act 2013.
The only thing is 'Private Placement' word is used in Companies Act. Whereas, SEBI uses 'Preferential Allotment' for the same purpose.
You will never find a word 'Preferential Allotment' in Companies Act 2013.
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