Procedure for private placement

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Himani Tripathi (Querist)
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09 August 2014 hi can you tell me the procedure for private placement on preferential basis? I have following doubts in that.
1. which Board meeting's resolution is required to be filed with MGT-14, is it for issue or allotment?
2.What is the time limit for acceptance of application form or for how long offer would be kept open for acceptance of application?

Ankur Garg

Ankur Garg (Expert)
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10 August 2014 Simply check the link below for procedure for private placement under companies act 2013:

https://taxguru.in/company-law/private-placement-under-companies-act-2013.html

Thanks

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