ICICI

Private placement


Souvik Kumar Ghosh (CA Final)     02 May 2014

Souvik Kumar Ghosh
CA Final 
 22 likes  1368 points

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Sec-42(7),inter-alia, provides that all offers covered under this section shall be made only to such persons whose names are recorded by the company prior to the invitation to subscribe"  What does it imply?
 

avater

P C Agrawal (Vice President (Corporate))     02 May 2014

P C Agrawal
Vice President (Corporate) 
 822 likes  8060 points

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Refer Form PAS-5 - Rule 14 of Companies (Prospectus & Allotment of Securities) Rules 2014.  It is fallout of Sahara case.

 


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