Section Text
th June, 30th September and 31st December until the capital has been fully subscribed and paid-up, (n) A copy of the Balance Sheet and Profit and Loss Account of the accounting year in which the capital has been fully subscribed and paid-up should be filed. Subsequent reports, however, need not be sent if the capital issued has been fully subscribed and paid-up. Subsequent to the filing of the Balance Sheet and Profit and Loss Accosunt no report need be sent. * Names of the Financial Institutions e.g. Life Insurance Corporation of India, I.F.C. of India, 1.C.I.C.I. and S.F.C.'s, Investment or Unit Trusts, etc. should be separately indicated. FORM 02: ACKNOWLEDGEMENT Subject: Dear Sir/Gentlemen, I am directed to acknowledge receipt of the statement of proposals of Messrs - in regard to the proposed issue of securities of the value of Rs. - (Rupees-
only) iii the form of equity/preference shares/secured loans under the authority of the Capital Issues (Exemption) Order, 1969. 2. I am to invite attention of the Company to items (iii) and (iv) of the second proviso to Cl. 5 of the Capital Issues (Exemption) Order, 1969 and to request that the Company may ensure due compliance of the requirements mentioned therein, namely :
(i) in any prospectus or letter of offer, the company may disclose that the issue is being made in terms of the Capital Issues (Exemption) Order, 1969 ; and (ii) that after the issue, reports of the subscriptions to the scheme offered may be within the stipulated date at the prescribed intervals of the subscription to the securities offered.]