Tag: Private Placement Section 42
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Companies Act, 2013 (Chapter III, Sections 23–42): Prospectus (Shelf, Red Herring, Abridged) & Private Placement
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Section 5 of the PFRDA Grade A and SEBI Grade A Paper-2 syllabus explicitly specifies Chapter III (Sections 23 to 42: Prospectus and Allotment of Securities) of the Companies Act, 2013. Every candidate must memorize the exact Section numbers, validity periods, and numerical limits: Public Offer vs Private Placement (Sec 23), Shelf Prospectus (Sec 31…
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