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
Your are not logged in . Please login to post replies Click here to Login / Register
More recent discussions | Post
Krea University
Chennai
CA
AJAY SINGH AND CO LLP
Thane
CA Final
SANKARAN & KRISHNAN
New Delhi
B.Com
RMA And Associates LLP
CA Inter
I-Genext Consulting Private Limited
RRPM & Associates LLP
CA S KUMAR GUPTA & CO
Amritsar
S.B.G. & CO. CHARTERED ACCOUNTANTS
India's largest network for finance professionals
Alternatively, you can log in using: