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Q. > Please Help: company law
if any securities is issued by way of private placement by public company , is this securities is transferable freely.
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Vineet Kumar
14-Mar-2016 , 05:08:26 pmAs 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.