Private Placement under Companies Act 2013

    Posted By : CS Shiriti / Published on : 18-Mar-2021 10:07 AM / View : 123 / Comment : 0
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    In case of private placement, can a listed Company pass Board resolution for allotment of shares before the application money is received?

    Where is it written that the Board cannot allot without receipt of application money?

    Pls clarify
    Read more on : companies under placement private



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