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Filing of GNL -2

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Anurag Singh

student

41 Points Posted on 03 March 2021

is it mandatory to file gnl2 for issue of shares under private placement?

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Quick Summary

This discussion clarifies the mandatory filing of Form GNL-2 for share issuances through private placement. It outlines the various transactions for which GNL-2 can be filed by companies. Importantly, it notes that following the 2017 amendment, filing PAS-04 with the ROC is no longer required.

CA. Sourav Sarkar

Chartered Accountant

16188 Points Posted on 03 March 2021

Form GNL-2 can be filed by any company incorporated under the Companies Act 2013/Companies Act 1956 for the following transactions:

Prospectus
Information Memorandum
Private placement offer letter
Record of a private placement offer to be kept by the company
Circular for inviting deposits
Circular in the form of advertisement for inviting deposits
Form 149 of the Companies (Court) Rules, 1959
Form 152 of the Companies (Court) Rules, 1959
Form 153 of the Companies (Court) Rules, 1959
Form 154 of the Companies (Court) Rules, 1959
Form 156 of the Companies (Court) Rules, 1959
Form 157 of the Companies (Court) Rules, 1959
Form 158 of the Companies (Court) Rules, 1959
Form 159 of the Companies (Court) Rules, 1959
Others