BANK SEBI Grade A Phase 1 & Phase 2 Mock Test 2024 Legal Aspects of Business The Companies Act, 2013
Under what condition does a Private Placement require approval via special resolution?
1
When the number of investors exceeds 100.
2
When the aggregate investment amount exceeds Rs. 50 crores.
3
When it involves cross-border transactions.
4
When the offering is open for more than three months.
5
When issuing securities to pre-identified investors not exceeding 200 in a financial year.