Pvt placement of ncds

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Querist : Anonymous

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Querist : Anonymous (Querist)
10 April 2012 kinldy describe the process of Pvt placement of NCDs.

10 April 2012 Board approval will suffice. However, see borrowing powers of Board as per section 292.

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Querist : Anonymous

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Querist : Anonymous (Querist)
10 April 2012 thank u sir, but i want to know detail meaning of pvt placement of NCDs ... currently i am verifing it though the resolution and Accounting system .... but i am not clear @ how the compnay approaches and get the funds through the pvt placement of NCDs.... please guide


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