2019
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What is the minimum subscription amount per investor for a private placements to align it with the regulations for corporate bonds?
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Rs 10 lakh
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Rs 20 lakh
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Rs 30 lakh
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Rs 40 lakh
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Explanation:
Detailed explanation-1: -Allotments can be made by an individual addressed to another individual to whom the offer is made. The value of such an offer or invitation for every individual shall be with an investment size that is not below Rs. 20,000 of the face value of the securities.
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