Qualified Institutional Placements
This query is : Resolved
24 May 2008
As per Provision of CARO Auditor has to comment on the end use of the money raised by public issue. During the year Company has not raised fund through public issue however Company raised fund through Qualified Institutional Placements. Whether fund raised through QIP would be covered under this clause
26 May 2008
in my opinion, it will be called private placement.
public offer is called where anybody can bid. if co. itself directly went to institutions to raise funds thru issue of shares, it shud not be called public offer.
public offer is called where anybody can bid. if co. itself directly went to institutions to raise funds thru issue of shares, it shud not be called public offer.
03 June 2008
replied
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- House Property Reporting in ITR
- Internship/Academic shown in Salary Pay Slip of a Doctor
- TDS Claim year
- Nomination of Bank for refund in itr 2
- Rent lease agreement
- TDS Challan Code
- Refund of 20%pre-deposit paid for stay application
- Relief u/s Section 89
- REGARDING SECTION 44AE
- Entries in AIS regarding sale of units and shares
- Supply through E-commerce Operators
- STCG on ETF gold & silver
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
