Private placement v/s. preferential allotment

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Querist : Anonymous

Querist : Anonymous (Querist)

13 November 2014 What is the difference between Private Placement under Section 42 v/s. Preferential Allotment under Section 62 (1) (c) in Companies Act, 2013 ??

Amol S Joglekar

Amol S Joglekar (Expert)
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13 November 2014 read this good article for section 42
http://taxguru.in/company-law/private-placement-under-companies-act-2013.html

section 62(1)(c) has a limited scope as it is used for "further issue of share capital"

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