Our young company in India secured funding a few months ago, but the round isn’t closed yet. How long can we delay issuing shares and completing the necessary paperwork?
1 Answers
Best Answer
Under Indian law, there’s no specific time limit for completing share issuance after securing funding. However, delaying excessively can create regulatory complications and investor dissatisfaction. It’s best to aim for a timely closure within a reasonable timeframe, considering the specific terms of your funding agreement and legal advice.
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