Hello, is it necessary to amend the PPM (Private Placement Memorandum) due to the dematerialization of AIF (Alternative Investment Fund) units? Given that redemptions/issues would now be processed in dematerialized form, what would be your suggestion regarding this?
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memorandum
dematerialization
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Dear All,
What is the validity period for Private Placement Offer Letter, i.e. what should be the time period to apply for the shares under Private Placement?
Hi Everyone!
What is the offer period of private placement offer cum application letter in case shares are issued on private placement basis ?
Solve it-
1. What is private placement under Section 42 of the Companies Act?
2. What are the key provisions and requirements of Section 42 regarding private placement?
3. Can private placement be undertaken by all types of companies, or are there any restrictions?
4. What is the maximum number of persons to whom securities can be offered through private placement?
5. Are there any eligibility criteria or qualifications for investors participating in a private placement?
6. What is the process for conducting a private placement and issuing securities under Section 42?
7. Are there any prescribed timelines or statutory compliances that need to be followed during a private placement?
8. Is it mandatory to appoint a separate compliance officer for overseeing private placement activities?
9. What are the disclosure and reporting requirements for companies undertaking private placement?
10. Are there any restrictions or conditions on the use of funds raised through private placement?
11. Can private placement be made to existing shareholders or only to new investors?
12. Are there any specific penalties or consequences for non-compliance with the provisions of Section 42?
13. Can the company engage intermediaries such as brokers or merchant bankers for facilitating private placement?
14. Are there any exemptions or relaxations available under Section 42 for certain types of transactions or companies?
15. How does private placement differ from public offerings or rights issues?
What is the insolvency commencement date under the IBC?
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insolvency
Hi All,
Our company intends to make a preferential offer to its existing
members only.
Is the company required to maintain a complete record of Private Placement Offer in Form PAS-5, in such case?
Hi All
Our company is looking to issue shares on a Private Placement basis.
What is the maximum number of persons to whom an offer can be made?
Hi All,
In the case of a private placement which is also a downstream investment as per FEMA. We have taken valuation from Regd. Valuer + CA which is 5 months old... shareholders approved the private placement basis of this valuation and the same is filed with ROC.
In RBI filing the said valuation report being old than 90 days we may expect rejection from RBI and in such case, we may take another valuation with the current date only for filing purposes.
Please let me know if there is anything wrong with this practice. In my view, we don't need to link the valuation requirements of both laws. And can have separate valuations filed with different authorities. Please advise.
private
placement
case
certificate
valuation
report
requirement
Hello members,
A company intends to make a preferential offer to its existing
members only. Is the company required to maintain a complete record
of Private Placement Offer in Form PAS-5, in such case ?
Requirement of document formats for private placement of shares in case of private limited
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Dear Members,
Company was incorporated in 2019 as NBFC (not applied for license also with RBI) named ABC Pvt Ltd - Can we file INC-20A now without introducing the subscribed capital by attaching a clarification letter stating the reasons and no intention to carry out NBFC objects?
Pls guide - on urgent basis
query
business
commencement
Hi
i have incorporated a company on 28/12/2021 but still commencement of business not filed because shareholder preparing their funds.
is financial year for the company is 31/03/2022?
if yes how can i conduct the AGM &Books finalisation without any business and sharecapital within the due date?
Pls tell me the solution for the above.
business
commencement
before
year
financial
