Meaning: As per sec 465(1)of companies Act ,2013,Producer Company is a group of people engaged in the production of primary produce and body corporate having its objects and activities as specified in section 581 B of companies Act,1956 “Primary produce” means – (1) produce of farmers, arising from agriculture (including animal husbandry, horticulture, floriculture, pisciculture, […]
Read More →The Ministry of Corporate Affairs (MCA), has vide Notification no. S.O. 1932(E) dated 01.06.2016 notified constitution of National Company Law Tribunal by Central Government, to exercise and discharge the powers and functions as are, or may be, conferred on it by or under the Companies Act, 2013 with effect from the 1st day of June, […]
Read More →S. No. Point of Differences Right Issue (Equity Shares& Preference Shares) Private Placement (Securities) Preferential issue (Securities) 1. Definition When issue of equity/preferenceshares is made by an issuer to its existing equity shareholders in a ratio to the number of shares held as on the date of Board Meeting it is called a right issue. […]
Read More →In the Budget speech of 2016-17, Hon’ble Finance Minister has announced that: “For developing an enabling eco system for the private placement market in corporate bonds, an electronic auction platform will be introduced by SEBI for primary debt offer” To give effect to Budget announcement SEBI Board (“the Capital Market Regulator”) in its meeting held […]
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