ISSUING AUTHORITY : RESERVE BANK OF INDIA
DATE OF ISSUE : 27/06/2013
EFFECTIVE DATE : IMMEDIATE EFFECT
CIRCULAR NO.: RBI/2012-13/560
A minimum set of Guidelines are placed which restrict the number of subscribers to issue securities through Private Placement to forty-nine (currently the ceiling of investors stipulated by the Companies Act, 1956 for Private Placement is not applicable to NBFCs).
DATE OF ISSUE : 27/06/2013
EFFECTIVE DATE : IMMEDIATE EFFECT
CIRCULAR NO.: RBI/2012-13/560
A minimum set of Guidelines are placed which restrict the number of subscribers to issue securities through Private Placement to forty-nine (currently the ceiling of investors stipulated by the Companies Act, 1956 for Private Placement is not applicable to NBFCs).
For detailed Circular, log on to the below given
Link.
No comments:
Post a Comment