Professional Documents
Culture Documents
1Allotmentp
Prospectus
Issue and see 39 placement
related maters
see 42
Penalties
Chapter
l
I 1
Part d Part Il
t t
Public offer private
Sec 23 41 Placement
see 42
Private co
Bonus
t
Private placement
issue
P.MIL gEften described issued as prospectus
And includes Red Prospectus Us 32
Herring
Shelf prospectus us 31 or
Any other notice circular inn tin
offer from public
A statement
confirming that written consent
was
given s not withdrawn shall be included
in prospectus
Validity of prospectus
To be issued within 90 days of delivery to Roc
ContrgItiff s ok to 3h
Sect Variation in Terms of Prospectus
or otherwise
dealing in eg shares of listed co
Dissenting sit Exit offer By promoter
or
controlling SH AsperstBl
p
through postalbatiot
Notice
of proposed SR to contain details such
as original objects total money raised etc
Advertisement of notice
Fompast
Sec 28 OFS by certain members of co
1 Where certain members lindr Bc of a co propose
in consultation with BOD
t
to offer whole part of
holding to public
d
The members may collectively authorize co to
take
necessary action for Ofs
AND
Reimburse co of all expenses incurred
I
public co Private co
I
Demat
usted unlisted physical
SEBI Dem at
1
Every co
making public offer shall issue
securities only in Demat form
3 On or after 02 10 2018
4 UPC
Every shall
I 1 I
secure ISIN Facilitate dematerialisath Inform
land
for each by making appucation existingsit
of security to Depository about such
facility
5 Every UPC shall
Depository
make payment of fees I Registrar to Issue
share tof agent
Magnin
It means a prospectus in
respect which
the securities included therein
of
in one more
are issued for subscription issue
lover a certain
without issue Period
of expose
provision
Any classes of co As SEBI
may provide
May file SP with Roc
at the stage of first offer of securities
included therein
which shall indicate the not 1 year
validity
validity commencing from opening of
first offer
W r t second subs q offer No further
prospectus is required
Information Memorandum PAS 2
Intimation of changes
In here a received applications
co has
for allotment
along with advance pay men
SP EM Deemed prospectus
section 32 Red Herring Prospectus
Meaning
Prospectus which does not include complete
particulars of Quantumfnce of securities
included therein
5
upon closing of offer prospectus stating
therein the total capital raised and
closing price and any other details as
are not included in RHP shall be filed
with RIC and SEBI
Section 34 Criminal Liability
Unmee
It prospectus includes any statement
misleading
1
Every person who autonses prospectus
Liable 41s 447
Section N A if a
person proves that
a such statement omission was immaterial
b that he has RatB that statement was true
or inclusion omission was
necessary
b
Prospectus issued w o
knowledge or consent
on aware reasonable public
becoming
notice given
I Tail up to 5 years
RS 10 Lakh
OR
Fine up to 50 lakhs
M
nefaco.ca allots its securities
with a
view that those securities shall be
offered for sale to public
Any doc with which such Ofs is made shall
be deemed to be a prospectus
content us 26
related to Applicable
Uability 6153413
2 Person Director co
makingofs of
Presumption
unless the contrary is proved it shall be evident
that allotment was made with a
view to make
Ofs if it is shown that
1
I
OFS was on date of Ofs
made
within Gm of pop whole considerate
allotment is not
received
Additional matter over so above Sec 26
2 directors
wig
Partnership Atleast 112 Partners
Section 39 Allotment of securities by co
l Co can allot shares to public only when
min subscription
Application cheque
as money
per prospectus received IotherinsA
not 51 Nominal
of value
Timeline
p
Deliver
s
padding
Issueden doseapping Refund
a
to ROC
Sec 26
putbue received M 71
Sic 26 min ant
subsisted
Section yo Securities to be dealt within RSE
9 Application one or
Before public offer ME
Obtain permission
thereof
utilise
Adjustment Instalment
y Repayment in case co is unable
to allot
Mtg 3 5 Laich
so ooo
50
seam
lakh
SectionPrivatePlacement ppl
limit Us 18011710
Adjoint
PUSCA FRY SPA
extra
NCD 017A debt
convertible
1 H
Pass SR H
I I
within limit outside limit l once in Always
sr is
Uls 180 1 C US 18011 C 94198 read
secy
H H 8sec62
NO SR BR is adequate Pass SR one in a Fy
ment
find
Note PPO shall not be made to
BC incorporated National
in of
1 i
country sharing land border
with India
Approval of ca is obtained
unless
I such
approval is attached
with PPOCA
Processi
Co to issue PPOCA form PAsul to IPs whose
name s address is recorded by co
Rule such form shall be serially numbered
and issued within days of
recording name
Note
Tppos do not care right of renunciation
2 If such offer is made to Prescribed nos of
IP then deemed public offer and Past 1
other
banking
cash
1
dans
iTunes it
Application AllotmentRefund
money Gothday
H
If allotment
is done
no
pasp
days
5 Prohibition on fresh offer
Allotment W r t prior offer
is COMPLETED
No fresh offer unless
7 Return of Allotment
Tass
15 days from allotment
details
on dude
of allottee
6.111 1,000 day up to 251
Dat
8 Contravention secy 2
of
o
fine PPO amount or 2er WIL
Refund money along interest 12 within
301 order
91 co to maintain records PP Fom PAs 5
of
110 Co shall issue ppocA only after relevant
filing
BRISK with
RE