Refund of Application Monies: A Critical Aspect of Corporate Governance
Written By
Koustubh Athavale
Share
-
Link copied to clipboard!https://treelife.in/legal/refund-of-application-monies-a-critical-aspect-of-corporate-governance/
-
-
-
-
The Companies Act, 2013 (the “Act”), has introduced significant changes to the rules governing application monies received by companies through private placement and preferential allotment of shares, aiming at enhanced transparency, protection of investor interests, and ensuring timely utilization of funds.
This article outlines the key provisions and implications of non-compliance regarding the refund of
application monies under the Act.
About the Author
Share
-
Link copied to clipboard!https://treelife.in/legal/refund-of-application-monies-a-critical-aspect-of-corporate-governance/
-
-
-
-
Koustubh Athavale
Senior Associate | Legal | koustubh.a@treelife.in
Provides expertise in commercial contracts, dispute resolution, and data privacy. Leverages extensive experience in the startup ecosystem to deliver tailored legal solutions for diverse business needs.
We Are Problem Solvers. And Take Accountability.
Related Posts
The Income Tax Act, 2025 Is Live – Here’s What You Actually Need to Know
Effective 1 April 2026, the Income Tax Act, 2025 replaces the Income Tax Act, 1961 and the Income Tax Rules,...
Learn More
India Entry for SaaS and Tech Companies – A Complete Guide
India is no longer a market to "watch." For global SaaS and tech companies, it has crossed the threshold from...
Learn More
WOS vs Branch Office vs Liaison Office in India: Which to setup?
If you are a foreign company planning to enter India, the legal structure question lands early and hits hard. Before...
Learn More