Companies Act 2013 PDF

21.5 How private placement is made?.................................................................................................21 21.6 What is the penalty for violation of the provisions of this section?.............................................22 1 Introduction In the Companies...

21.5 How private placement is made?.................................................................................................21 21.6 What is the penalty for violation of the provisions of this section?.............................................22 1 Introduction In the Companies Act, 2013 as per the Syllabus mentioned, Specific reference to Chapter III, Chapter IV, Chapter VIII, Chapter X, Chapter XI, Chapter XII and Chapter XXVII is mentioned. section 23 to section 42. - In this lesson, we will cover Chapter III - Prospectus and Allotment of Securities, which comprises of - - Before understanding the provisions of this chapter, let us learn few some basic terms which will help in better understanding of this lesson. NOTE- We shall not be discussing 100% Sections and Sub-sections in each chapter. The unimportant ones we shall be leaving and when we say unimportant ones, they shall be around 5-10% of the overall Chapter. 2 Important terms Difference between Memorandum of Association and Articles of Association is shown in the image. - - - - - - - -- - - - - - - - - - - - - - - - - - - - -- - - - - - - - - - - 3|P a g e W W W. E D U T A P. C O. I N QUERY? [email protected] / 8146207241 2.1 Difference between the public company and private Company - - The example of public company is Reliance industries Limited, TCS etc. and Private Company is Mother Dairy Fruit & Vegetable Pvt Ltd, Parle Products Pvt Ltd Etc. - 3 Section 23 - Public - offer and private placement 3.1 What are the modes of Issue of securities by Public Company? - Es - The Public offer comprises of IPO, FPO which are explained in the image: - - -- - S ↑ - - - ~ - - - - - - 4|P a g e W W W. E D U T A P. C O. I N QUERY? [email protected] / 8146207241 3.2 What are the modes of Issue of securities by Private Company? - ↑ - - - 3.3 What is the meaning of public offer? "Public offer" includes initial public offer or further public offer of securities to the public by a - - company, or an offer for - the sale of securities to the - public by an existing - shareholder, through issue - - - - of a prospectus. - - Private placement - is dealt - in detailed manner in - - - - section 42 of this chapter. - The provisions of Section 23 - are tabulated in the table as - -- shown. > - 4 Section 24 - Power of Securities and Exchange Board to regulate issue and - transfer of securities, etc. - 4.1 What are the matters administered by SEBI? - 1 - - - What are other matters in the above image? All powers relating to all other matters relating to the prospectus, return of allotment, the redemption of preference shares, and any other matter specifically provided in this Act, shall be exercised by the Central - - Government, the Tribunal, or the Registrar. - 5|P a g e W W W. E D U T A P. C O. I N QUERY? [email protected] / 8146207241