Dear Members,
Can Private ltd co issue share warrants?
Companies Act, 1956 Prohibited issue of share warrants by Private ltd Company.
Companies Act, 2013 is silent on the issue of share warrants.
Dear All
Please share your answers on the captioned subject.
Whether it is mandatory on the part of the warrant holder to subscribe to the equity shares?
Can a Private Limited Company issue convertible warrants to its Promoters Directors?
If yes. Whether there are any provisions similar to Regulation 75 & Regulation 77 of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009, regarding tenure of convertible securities and Payment of consideration which are applicable to Private Limited Company?