Private placement v/s. preferential allotment
This query is : Resolved
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
(Expert)
13 November 2014
read this good article for section 42
https://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"
https://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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