THE COMPANIES ACT, 2013 | Q&A - PART 2 | Q1. What is a public offer and private placement under this Act? * A public company may issue securities, 1. To public through a prospectus which is referred to as public offer. 2. Through private placement by complying with the provisions of Part II. 3. Through a rights issue or a bonus issue and in case of a listed company or a company which intends to get its securities listed also with the provisions of the Securities and Exchange Board of India Act, 1992. * A private Company may issue securities, 1. By way of rights issue or bonus issue. 2. Through private placement by complying with the provisions of Part II of this Chapter. (Sec.23)
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