Action Against Unlisted Companies Misusing The Private Placement Route to Raise Funds - Dated - 6-12-2013 - Action against errant unlisted companies that misuse the private placement route to raise funds under the provisions of Companies Act, 1956 is a continuous process. Giving this information in written reply to a question in the Lok Sabha, Minister of Corporate Affairs, Shri Sachin Pilot, said that Section 42 of the Companies Act, 2013 provides for invitation for subscription of securities o................................... - News
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