Please Help: company law
Posted Date : 10-Mar-2016 , 12:44:23 pm | Posted By: Pankaj Kumar Jha
Category :
Corporate Law | Answers :
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if any securities is issued by way of private placement by public company , is this securities is transferable freely. |
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| Posted By : Vineet Kumar |
14-Mar-2016, 05:08:26 |
| As per Schedule-VII Preferential Issue of SEBI(ICDR) Regulations, there is a lock in period of 3 years or 1 year as the case be. After the expiry of lock in period such securities are freely transferable. |
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