22 February 2016
In case of issue of shares through Right issue as per section 62 of the Companies Act, 2013, whether company is required to pass board resolution & Special Resolution since in the Act there is no specific info about this.
22 February 2016
but offer letter is require to issue only in case of private placement u/s 42 & right issue does not include in the definition of private placement.
22 February 2016
but offer letter in PAS-4 is required only in case of private placement u/s 42 & right issue is not included in the definition of private placement
22 February 2016
But offer letter in PAS-4 is require only in case of private placement u/s 42 & Right issue does not include in the definition of private placement
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