BACKGROUNDER - ICSI
As per section 23 of the Companies Act, 2013, a public company can issue securities:- — To public through prospectus; — Through private placement by complying with the provisions of part II of
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icsi.edusection 2(f) of the Central Excise Act, 1944. Examine with the help of decided case law, whether the contention of the Department is correct. (5 marks) (b) Swayam was the director of Om Steel Pvt. Ltd. till 16th May, 2013. On 18th July, 2013,
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