Hi CC Members,
What is the role of jurisdiction while offering of shares?
Dear Members,
Is it possible in buy back to give offer letter for buy back to all the existing shareholders, but only few shareholders agreed to sell their shares, and accordingly company buy back the shares from those who agreed to sell.
Dear All
Can anyone let me know by other mode having proof of delivery for sending offer letter to existing shareholders. Does it mean hand delivery and taking acknowledgement will also suffice.
Hello All,
In case of Rights Issue of shares of a private company, the offer period shall be open for a minimum period of 15 days....however if the subscription amount is paid by all the shareholders in a day or two can we go ahead and allot the shares immediately or should we wait for the minimum period of 15 days to get over...what is the practice
Secondly should we file mgt 14 for Rights Issue of a private company??
Dear All
Please provide me the checklist and Draft documents for issue of shares through private placement if anyone has.
Thanks in advance
Dear Members,
Pvt Ltd co, is planning to make right issue, it has only 5 members.
Please clarify that is it mandatory to send the hard-copy of offer letter and other documents through post/courier or serving the same to their registered e-mail ID serves the purpose.
Usually the company used to follow both. But in the current situation as all the employees are working from home sending hard copy is quite difficult.
Please share your view.
regards,
Dear Friends
Please let me know if a wholly owned subsidiary Indian company is allotting shares to its foreign holding company u/s 62(1)(a), whether offer letter needs to be issued. If yes, please share a draft of offer letter.
Dear Friends
Please let me know if a wholly owned subsidiary Indian company is allotting shares to its foreign holding company u/s 62(1)(a), whether offer letter needs to be issued. If yes, please share a draft of offer letter.
Dear Members,
Can a company in a single board meeting, pass the resolution for increase in Authorised Share Capital and place letter of offer for right issue for the board's approval?
And before allotment of shares Company shall get shareholders approval and file SH-7.
Please advise !!!
Dear All,
A Private Company has conducted EGM on 24th day of July 2019, for further issue of CCPS under Private Placement basis & approval of Shareholders for the issue of letter of Offer.
When shall I Open the Offer either on EGM date itself (i.e. 24.07.2019) or is there any time limit for the same?
Kindly advice.
Is there any concept of 'deemed acceptance of an offer' proposed to the equity shareholders for exit option in case of compulsory delisted by BSE?
Regards
Dear Members, If application money is coming in tranches then what should be the private placement offer letter duration??as it required to be mentioned in PAS-4 will it be till full money is received? or we can keep it 15 days..and in application to offer letter the investor can mention that he will pay in tranches.
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