A Company wishes to make private placement in tranches. Can it do it in one EGM and one PAS-4 or does it have to take EGM approval and new PAS-4 for each tranche?
Dear Members, If Company receiving subscription money in tranches(say 50% on signing of agreement and 20% in 2 months and rest 20% in next 2mnths) for issue of Convertible Debenture from Foreign Investor. Then shall we allot deb. in tranches as well?? & file FCGPR multiple times, as we need to comply Companies act , 60 days time frame OR shall we allot all debentures after receining full subsciption money.
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