Question
Private placement of securities, as provided under the
Companies Act, which of the following statements is correct?Solution
Section 42. Offer or invitation for subscription of securities on private placement: (2) A private placement shall be made only to a select group of persons who have been identified by the Board (herein referred to as “identified persons”), whose number shall not exceed fifty or such higher number as may be prescribed [excluding the qualified institutional buyers and employees of the company being offered securities under a scheme of employees stock option in terms of provisions of clause (b) of sub-section (1) of section 62], in a financial year subject to such conditions as may be prescribed.
Pointing to a boy in the picture, Manisha said, “His fathers’s sister is the only daughter of my father’s father.” How is the boy’s father re...
How many male members are there in the family?
How is L related to T?
‘ A + B ’ means ‘A is the sister of B’
‘ A = B ’ means ‘A is the daughter of B’
‘ A # B ’ means ‘A is the son o...
V is the father of T, who is the grandson of G. S is the only daughter of G. G has only two children and only one of them is married. O is the mother-in...
Read the directions carefully and answer the following question.
L is the brother of Z. Z is mother of Q. B is sister of Q, who is the son of F...
How is H related to C?
How is E related to U?
. As per which of the following expressions means S is the uncle of Q?
How is P related to O?
