MCA has amended Companies Prospectus & Allotment Rules by adding a proviso stating that in case of offer/invitation of ANY SECURITIES to QIBs, it shall be sufficient if Co. passes previous special resolution only once in a YEAR for all allotments during the year.
Effective date: October 16, 2020
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Head Office: 604-605, PP City Center, Road Number 44, Pitampura, New Delhi-110034
Email: info@apacandassociates.com | Tel : +91-11-49058720-21
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