Sec 42 private placement

Corporate & Other Laws

Is Board resolution required with special resolution ,for private placement

Pramod Rajpurohit

CA Inter

★ 0

16-Jan-23 14:33

616

Answers (3)

Yes, because it requires a documentâ??a certified copy of the board resolution approving the private placement offer.

Sowmiya A

CA Inter

★ 19K+

16-Jan-23 14:58

Yes

CA YOGITA HARJANI

Faculty

16-Jan-23 14:59

Yes. Read this page for conceptual clarity

Attachments

Karthick A

CA Final

★ 1K+

16-Jan-23 15:09