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The second matter of our webinar is – Non-public Placement of Securities
Substitution of Part 42 was one of many main amendments proposed below Corporations (Modification) Act, 2017.
MCA on August 7, 2018 enforced Part 10 of Corporations (Modification) Act, 2017 amending Part 42 of Corporations Act, 2013 (‘Act, 2013’) with impact from seventh August, 2018.
MCA amended Corporations (Prospectus and Allotment of Securities) Guidelines, 2014 (‘PAS Guidelines’) to substitute Rule 14 coping with non-public placement with impact from seventh August, 2018.
The brand new provisions carry sea change within the regime adopted earlier. The presentation discusses the identical at size.
Click on right here to learn an article on step-by-step information to compliance with the revised non-public placement framework:
Comparability and Mapping of Rule 14 of PAS Guidelines coping with Non-public Placement could be considered by clicking beneath:
For different articles, click on beneath: