Private placement
This query is : Resolved
04 December 2014
hello guys i have 2 question:
1) is private placement applicable to private company??
2)if ans is yes dn plz solve my doubt:
suppose Mr A is the director of the co say XYZ ltd whos authorized capital is 1cr and paid up capital is 47.5lac
nw company has issue to shares to 3 people or rs 17.5 lac ie Mr A(who is Director of the company)
Mr B(an outsider)
and Mr C (an outsiders)
nw my question is:
is private placement is applicable to xyz ltd??
and can director can issue shares to himself??
1) is private placement applicable to private company??
2)if ans is yes dn plz solve my doubt:
suppose Mr A is the director of the co say XYZ ltd whos authorized capital is 1cr and paid up capital is 47.5lac
nw company has issue to shares to 3 people or rs 17.5 lac ie Mr A(who is Director of the company)
Mr B(an outsider)
and Mr C (an outsiders)
nw my question is:
is private placement is applicable to xyz ltd??
and can director can issue shares to himself??
05 December 2014
1. yes.
2. yes
its not the director going to issue shares to himself. Company is going to issue share to its directors
2. yes
its not the director going to issue shares to himself. Company is going to issue share to its directors
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