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
How to Raise Capital for an AIF in India: LP Strategy for First-Time GPs
You have SEBI registration (or in-principle approval). You have a thesis. What you don't have yet is committed capital. That...
Learn More
Founder liquidity in India: Routes, Tax rates, and What to do before you sell
You have raised a couple of rounds. You have been running on a founder salary for three years and the...
Learn More
Setting up an offshore subsidiary from India
Summary: An Indian company or individual can set up a foreign subsidiary under the Overseas Direct Investment (ODI) rules, subject...
Learn More