February 2024

In the realm of corporate finance, companies often seek various avenues to raise capital for both short-term and long-term needs. While issuing equity shares, preference shares, debentures, or accepting deposits are common methods for long-term capital, sometimes immediate funding requirements arise, especially for closely-held companies....

In compliance with the Companies Amendment Act 2017, companies have several avenues to raise capital, with Private Placement/ Preferential Allotment being one of the prominent methods. This article delineates the procedural framework under Section 62(1)(a) for companies seeking to increase their subscribed capital through the...

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