Is public solicitation for start-up company legal in India?
Is public solicitation for a start-up company legal in India?
By  Anonymous  |  10 May 2016  |  Upvotes: 0  | 

1 Answer(s)

Rashi Gahlaut

To oversimplify, Currently you can't raise funds in exchange for equity if you're a pvt company by offering equity to the general public. Nor by way of loans from individuals who are not your shareholders. But wait for a little while,SEBI's crowdfunding regulations are in the pipeline and those might help people in situations similar to yours.

Upvotes: 0  |  Downvotes: 0  |  Comments  | 
Login to comment

Consult A Lawyer
Starting INR 750

Draft Your Own Legal Docs
Starting INR 25

Get Quote For My Requirement