Startups raising funds from public at large held illegal

Startup Funding in India

Order for Penalty for Violation of Section 42 of the Companies Act, 2013 by ROC Delhi & Haryana IN THE MATTER OF ANBRONICA TECHNOLOGIES PRIVATE LIMITED (CIN: U32302DL2019PTC347225) The subject company had issued its Compulsorily Convertible Debentures (herein after referred as “CCDs”) using the website https://www.tykeinvest.com  (herein after referred as “Tyke”). From the website of […]