Can private placement offer be made to huf

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CAN PRIVATE PLACEMENT OFFER BE MADE TO HUF?
Replies (5)

Yes you can, i dnt think there is any restriction in the Act to issue shares to HUF under Private Placement. The Shares can be registered in the name of its KARTA.

and private placement can be done to non members of the company?

Yes Private Placement can be done to non-members also, provided that the AOA of the Company authorise to issue shares under private placement.

thankyou..

are you giving exams in old or new syllabus?

Old syllabus

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