Invitation and allotment of securities

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..... ed in terms of sub-section (9) of section 60B of the Companies Act, 1956. (2) Any offer or invitation not in compliance with sub-section (1A) of Section 81 read with sub-section (3) of section 67 of the said Act, shall be treated as a public offer and the provisions of the Securities Contracts (Regulation) Act, 1956 (42 of 1956) and the Securities and Exchange Board of India Act, 1992 ( .....

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..... monies where the company is unable to allot securities. (5) No company offering securities shall release any public advertisements or utilise any media, marketing or distribution channels or agents to inform the public at large about such an offer ] *********** NOTES:- 1. Inserted vide NOTIFICATION NO. G.S.R.879 (E) dated 14-12-2011 - - statute, statutory provisio .....

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