Dear Professional colleagues,
One of my client which is a Public Company (unlisted) has decided to allot shares to open Public via prospectus and to receive the allotment in 2 calls respectively.
For alloment of shares of public company which is unlisted do we require SEBI approval for the same.??
Request you to please clarify my doubts with some Sections or Rules under Companies Act, 2013.
Regards,
Abhishek
CAclubindia
