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.
We Are Problem Solvers. And Take Accountability.
Related Posts


Insights from the Gujarat GCC Policy 2025-30 Launch
We had the privilege of attending the launch of the Gujarat Global Capability Centre (GCC) Policy 2025-30, unveiled by Hon’ble...
Learn More

Difference between OPC (One Person Company) and Sole Proprietorship in India
In the dynamic landscape of Indian business, both One Person Company (hereinafter ‘OPC’) and sole proprietorship offer unique opportunities to establish and...
Learn More