The effect of this provision of Companies Act, 2013 is different for different stockholders. The most probable reason for the implementation of this section can be:
Companies:
This provision allows the companies to lure the investors to buy their shares in order to raise their share capital rapidly.
Investors:
It provides investors the flexibility in managing their financial restrictions and allows them to expand their portfolio.
Regulators:
They ensures that the flexibility given to them should be within boundaries and no exploitation of investors can be done by the corporations.
It is 146 miles according to Google Maps.
It is 936 miles according to Google Maps.
It is 1,855 miles according to Google Maps.
320 miles
88 miles between Pontica Illinois and Chicago Illinois.
258.8 miles
1044 miles is the distance. Google maps will show you the route.
Chicago is a city in Illinois.
About 625 miles
1000 Miles
2,500 miles
6,529.64 miles.