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Company Law | Share Application Money Cannot Precede PAS-4 Under Private Placement Rules

25 Sept 2026 · 1d agoBy CS Divesh GoyalSource: TaxGuru

Can a company receive share application money before PAS-4? Section 42 requires the private placement offer and application to precede payment. The post Share Application Money Cannot Precede PAS-4 Under Private Placement Rules appeared first on TaxGuru .

Attribution

Original credit: CS Divesh Goyal. This digest is published with acknowledgment to TaxGuru. For the complete analysis, headnotes, and citations, please refer to the source.

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