Section 28 of CA 2013 : Section 28: Offer Of Sale Of Shares By Certain Members Of Company
CA 2013
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Explanation using Example
Imagine that the founders of "TechGenius Pvt. Ltd." hold a significant number of shares in the company. They decide to take the company public and sell a portion of their shares during the Initial Public Offering (IPO). They consult with the Board of Directors and agree on the terms of the share sale.
To comply with Section 28(1) of The Companies Act, 2013, they follow the prescribe...
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