Procedure For The Rectification of Register of Members After The Transfer of Securities

Procedure For The Rectification of Register of Members After The Transfer of Securities Section 59 of the Companies Act, 2013 provides the procedure for the rectification of register of members after the transfer of securities. The provision states that – Table Of Contents   Remedy to the aggrieved for not carrying the changes in the … Read more

Private Placement of Securities Under Companies Act 2013

Private Placement of Securities Under Companies Act 2013 As per Explanation I to Section 42(3), “private placement” means any offer or invitation to subscribe or issue of securities to a select group of persons by a company (other than by way of public offer) through private placement offer-cum-application, which satisfies the conditions specified in this … Read more

Conditions For Issuing Shares With Differential Rights

Conditions For Issuing Shares With Differential Rights Rule 4 of Companies (Share Capital and Debentures) Rules, 2014 Only a company limited by shares can issue equity shares with differential rights as to dividend, voting or otherwise. Such company has to comply with the following conditions, namely:- (a) the articles of association of the company authorizes … Read more