Private Placement offer letter Date

[Keshav]

What will be the date of circulation of Pvt. Placement offer letter. Is their any need to take approval of Board and if yes when BM need to be conducted i.e after EGM or before EGM. 

[kanika sharma]

PLEASE READ RULE -14 OF THE COMPANIES (PROSPECTUS AND ALLOTMENT OF SECURITIES)RULES,2014 

IT IS CLEARLY WRITTEN IN RULE 14(3) THE DATE OF PRIVATE PLACEMENT OFFER LETTER SHALL BE DEEMED TO BE THE DATE OF CIRCULATION OF PVT. PLACEMENT OFFER LETTER.

FIRST B.M. AND THEN E.G.M. IN WHICH SPECIAL RESOLUTION BE PASSED .

On Wed, Apr 15, 2015 at 11:28 AM, Keshav <keshavl...@gmail.com> wrote:

What will be the date of circulation of Pvt. Placement offer letter. Is their any need to take approval of Board and if yes when BM need to be conducted i.e after EGM or before EGM. 

--
--
************************************************
Mail your comments, feedback and suggestions on CSMysore to Moderator: datta...@gmail.com and Manager: vivekhe...@gmail.com
---
You received this message because you are subscribed to the Google Groups "CSMysore" group.
To unsubscribe from this group and stop receiving emails from it, send an email to csmysore+u...@googlegroups.com.
For more options, visit https://groups.google.com/d/optout.

--

Thanks & Regards

 

 CS Kanika 

 JJRSIPL

 Gurgaon

[Keshav]

It is not necessary that you have to circulate the private placement offer letter after the first board meeting for convening EGM. It could be possible that another BM convened for approval of Letter of Offer. . In Letter of offer you have to mentioned date of EGM in which SR is paased. How will you mentioned that date of passing of SR in the Letter of offer if till yet meeting has not been held. 

[kanika sharma]

see in board meeting we have to give approval for notice of egm in which shareholders resolution have been passed for authorizing the offering of securities. 

Refer form - pas 4, pt.2(b).

In short, it is mandatory to approve offer letter in E.G.M. 

On Wed, Apr 15, 2015 at 12:57 PM, Keshav <keshavl...@gmail.com> wrote:

It is not necessary that you have to circulate the private placement offer letter after the first board meeting for convening EGM. It could be possible that another BM convened for approval of Letter of Offer. . In Letter of offer you have to mentioned date of EGM in which SR is paased. How will you mentioned that date of passing of SR in the Letter of offer if till yet meeting has not been held. 

--

--
************************************************
Mail your comments, feedback and suggestions on CSMysore to Moderator: datta...@gmail.com and Manager: vivekhe...@gmail.com
---
You received this message because you are subscribed to the Google Groups "CSMysore" group.
To unsubscribe from this group and stop receiving emails from it, send an email to csmysore+u...@googlegroups.com.
For more options, visit https://groups.google.com/d/optout.

[Keshav]

CAN YOU SEND ME THE RESOLUTION'S AND PROCEDURE OF THE SAME.

[kanika sharma]

SORRY, I DONT HAVE AS TILL NOW NOT DONE .

On Wed, Apr 15, 2015 at 1:48 PM, Keshav <keshavl...@gmail.com> wrote:

CAN YOU SEND ME THE RESOLUTION'S AND PROCEDURE OF THE SAME.

--

--
************************************************
Mail your comments, feedback and suggestions on CSMysore to Moderator: datta...@gmail.com and Manager: vivekhe...@gmail.com
---
You received this message because you are subscribed to the Google Groups "CSMysore" group.
To unsubscribe from this group and stop receiving emails from it, send an email to csmysore+u...@googlegroups.com.
For more options, visit https://groups.google.com/d/optout.