powered by logo

Forums

Back

Private placement sec42

Corporate & Other Laws

In this answer, ICAI mentioned/references with sec180.... Can we consider it as final syllabus and leave that particular point as of now.... !??

ff26d547-b176-4e9c-96ea-9668176e5aad.jpg

Divya K

Divya K

CA Inter

885

20-Apr-22 10:01

420

Answers (4)

Best Answer

Thread Starter

Divya K

Yes pvt placement cannot leave.., but in one point they gave reference of section 180 (image) which is not in inter level.. So how to understand that point to the precise...? -: Amount raised through Invitation doesn't exceed the limit specified in sec180. So what's would be the limit ð?¤?

You can just refer to non applicability of non-convertible debentures within limits specified. Need not mention section 180 & 179


Where is the question from


Sudha Reddy

Sudha Reddy

CA Final

20K+

20-Apr-22 10:18

sec 42 Private Placement is in the syllabus, so you cannot leave


Sudha Reddy

Sudha Reddy

CA Final

20K+

20-Apr-22 10:22

Yes pvt placement cannot leave.., but in one point they gave reference of section 180 (image) which is not in inter level.. So how to understand that point to the precise...? -: Amount raised through Invitation doesn't exceed the limit specified in sec180. So what's would be the limit ð?¤?


Thread Starter

Divya K

Divya K

CA Inter

885

20-Apr-22 10:34

Your Reply