{"id":5606,"date":"2020-03-29T10:34:51","date_gmt":"2020-03-29T05:04:51","guid":{"rendered":"https:\/\/corpbiz.io\/learning\/?p=5606"},"modified":"2025-11-01T15:39:54","modified_gmt":"2025-11-01T10:09:54","slug":"issue-of-shares-on-preferential-basis","status":"publish","type":"post","link":"https:\/\/corpbiz.io\/learning\/issue-of-shares-on-preferential-basis\/","title":{"rendered":"Issue of shares on Preferential Basis: A Complete Procedure"},"content":{"rendered":"\n<p class=\"has-drop-cap\"><strong><em>Under Companies Act, 2013,<\/em><\/strong> Company can raise funds via preferential allotment, employee stock option plan, sweat equity shares and right issue. Issue of Shares through preferential basis is the fastest way to raise capital  after availing <a href=\"https:\/\/corpbiz.io\/company-registration\"><strong>company registration<\/strong><\/a> for the establishment. <strong><em>Section 62 (Allotment of Shares) and Section 42 (Allotment of Securities) of Companies Act, 2013, provides for the Issue of Shares on Preferential Basis<\/em><\/strong>. In this article, the procedure for the Issue of Shares on Preferential Basis will be discussed. <\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title ez-toc-toggle\" style=\"cursor:pointer\">Page Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/corpbiz.io\/learning\/issue-of-shares-on-preferential-basis\/#What_is_the_Preferential_Issue_of_Shares\" >What is the Preferential Issue of Shares?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/corpbiz.io\/learning\/issue-of-shares-on-preferential-basis\/#Why_Companies_exercise_the_Issue_of_Shares_through_Preferential_Basis\" >Why Companies exercise the Issue of Shares through\nPreferential Basis? &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/corpbiz.io\/learning\/issue-of-shares-on-preferential-basis\/#What_legal_Provisions_are_associated_with_the_Issue_of_Shares_on_Preferential_basis\" >What\nlegal Provisions are associated with the Issue of Shares on Preferential basis?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/corpbiz.io\/learning\/issue-of-shares-on-preferential-basis\/#What_are_the_benefits_for_Preference_Shareholders_after_Issue_of_Shares_on_Preferential_Basis\" >What\nare the benefits for Preference Shareholders after Issue of Shares on\nPreferential Basis?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/corpbiz.io\/learning\/issue-of-shares-on-preferential-basis\/#What_are_the_key_considerations_for_Issue_of_Shares_on_Preferential_Basis\" >What\nare the key considerations for Issue of Shares on Preferential Basis?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/corpbiz.io\/learning\/issue-of-shares-on-preferential-basis\/#What_is_the_Procedure_of_Issue_of_Shares_on_Preferential_Basis\" >What\nis the Procedure of Issue of Shares on Preferential Basis?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/corpbiz.io\/learning\/issue-of-shares-on-preferential-basis\/#Conclusion\" >Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_the_Preferential_Issue_of_Shares\"><\/span>What is the Preferential Issue of Shares?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong><em>The Preference Shares are\nthose shares of the Company which are owned by the persons who have the\nexclusive right to receive the profits of the Company before the other ordinary\nshareholders of Company<\/em><\/strong>. Furthermore, if the Company has to close down or\nfails in future, the Preference Shareholders have the right to have their\ncapital repaid. Hence, this significantly reduces the risk of loss. <\/p>\n\n\n\n<p>A Preferential Issue is the Issue of\nShares or Securities by Company to a selected group of investors. The\nPreferential Issue is not a Right Issue or Public Issue. The Preferential Issue\nof Shares is a unique method of fundraising as compared to the other methods.\nIn Preferential Issue of Shares, the entire Allotment of Shares is made to a\npre-identified person, who may be or not the existing shareholders of the\nCompany.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_Companies_exercise_the_Issue_of_Shares_through_Preferential_Basis\"><\/span>Why Companies exercise the Issue of Shares through\nPreferential Basis? &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The Allotment of Shares through preferential basis is the\nwidely used option by the Companies to provide a way for those shareholders who\nwere not able to buy a large number of Shares during initial public offerings\nat reasonable prices. <strong><em>The preferential shareholders are not given any\nexclusive voting rights and are only paid when the Company makes profits. <\/em><\/strong><\/p>\n\n\n\n<p>The other persons associated with the Company like\nFinancial Institutions, the present shareholders, Promoters of the Company, the\nVenture Capitalists all are given an opportunity to raise their stakes in the\nCompany by exercising the option of Allotment of Shares through Preferential\nBasis. The Company believes that a certain number of Shareholders are value\nShareholders, the Company can secure the equity participation of those\nshareholders exercising the option of Issue of Shares on Preferential Basis.<\/p>\n\n\n\n<p>After exercising the Preferential Issue of Shares option,\nthe funds raised by the Company are if raised in an efficient manner, then\nthere is a high possibility for the improvement of Companies overall\nperformance. Additionally, if the veteran investors have invested in Company\nduring the Issue of Shares on Preferential Basis, this will increase the growth\nof the business of the Company in the near future. &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_legal_Provisions_are_associated_with_the_Issue_of_Shares_on_Preferential_basis\"><\/span>What\nlegal Provisions are associated with the Issue of Shares on Preferential basis?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong><em>The legal provisions associated with the Issue of Shares on Preferential Basis are as follows:<\/em><\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"576\" height=\"350\" src=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/03\/image-66.png\" alt=\"legal provisions associated with the Issue of Shares\" class=\"wp-image-5607\" srcset=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/03\/image-66.png 576w, https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/03\/image-66-300x182.png 300w\" sizes=\"(max-width: 576px) 100vw, 576px\" \/><\/figure>\n\n\n\n<ul>\n<li><strong><em>Section 62<\/em><\/strong> (Allotment of Shares) of the Companies Act, 2013.<\/li>\n\n\n\n<li><strong><em>Section 42<\/em><\/strong> (Allotment of Securities) of the Companies Act, 2013.<\/li>\n\n\n\n<li><strong><em>Rule 13<\/em><\/strong> of Companies (Share Capital and Debentures) Rules, 2014. <\/li>\n\n\n\n<li><strong><em>Rule 14<\/em><\/strong> of Companies (Share Capital and Debentures) Rules, 2014. <\/li>\n\n\n\n<li><strong><em>Specific Provisions<\/em><\/strong> of SEBI (ICDR) Regulations, 2018.<\/li>\n<\/ul>\n\n\n\n<p class=\"text-left\"><b>Read our article<\/b>:<mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/corpbiz.io\/learning\/issue-of-preference-shares-without-public-offer\/\">Issue of Preference Shares without Public Offer: A Complete Procedure\n<\/a><\/mark><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_are_the_benefits_for_Preference_Shareholders_after_Issue_of_Shares_on_Preferential_Basis\"><\/span>What\nare the benefits for Preference Shareholders after Issue of Shares on\nPreferential Basis?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong><em>The\nbenefits of Issue of Shares on Preferential basis to the Preference\nShareholders are as follows:<\/em><\/strong><\/p>\n\n\n\n<ul>\n<li>The claim of Dividend\nby the preference shareholders can be made in the subsequent year if the\npreference shareholders are not given any dividend for any particular year.<\/li>\n\n\n\n<li>The capital of the\npreference shareholders is always safe. If the Company fails or gets bankrupt,\nthe preference shareholders are always first as compared to the other ordinary\nshareholders of the Company. <\/li>\n\n\n\n<li>The preference\nshareholders are paid by the Company directly without any brokerage cost while\nallotment of Shares through preferential basis.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_are_the_key_considerations_for_Issue_of_Shares_on_Preferential_Basis\"><\/span>What\nare the key considerations for Issue of Shares on Preferential Basis?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong><em>The\nCompany has to comply with the following conditions while making an Issue of\nShares on Preferential Basis:<\/em><\/strong><\/p>\n\n\n\n<ul>\n<li>The Articles of Association (AoA) should authorize for the Issue of Shares on Preferential Basis through PAS. If the authorization is absent from the AoA, the amend the Articles of Association accordingly.<\/li>\n\n\n\n<li><strong><em>Letter of Offer<\/em><\/strong> should be sent to persons either in <strong><em>writing or in electronic Form<\/em><\/strong>. <\/li>\n\n\n\n<li>The Company can come for the new offer of Issue of Preference Shares on once the earlier offer is completed <em>as per <strong>Section 42 of the Companies Act<\/strong><\/em>. There is no requirement under the law regarding the minimum gap between the two offers.<\/li>\n\n\n\n<li>No advertisement should be done in public at large for the offer made for the Issue of Preference Shares by the Company.<\/li>\n\n\n\n<li>The issue of only fully paid-up securities and shares can be done<\/li>\n\n\n\n<li>The approval of shareholders of the Company should be taken for the Issue of Shares on Preferential Basis. <\/li>\n\n\n\n<li>Separate Bank Account should be opened for Issue of Preference Shares and Securities.<\/li>\n\n\n\n<li>The price of the Shares and other Securities to be issued on preferential basis should be calculated as per the price determined in the valuation report of a registered valuer.<\/li>\n\n\n\n<li>The offer shall be attached with the application form. The Form should be serially numbered and should be addressed to the person to whom the offer is made for the Issue of Preference Shares. <\/li>\n\n\n\n<li>The PAN card of each Allottee should be there.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_the_Procedure_of_Issue_of_Shares_on_Preferential_Basis\"><\/span>What\nis the Procedure of Issue of Shares on Preferential Basis?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong><em>The procedure followed for the Issue of Shares on Preferential Basis is as follows:<\/em><\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"576\" height=\"349\" src=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/03\/image-67.png\" alt=\"Procedure of Issue of Shares on Preferential Basis\" class=\"wp-image-5609\" srcset=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/03\/image-67.png 576w, https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/03\/image-67-300x182.png 300w\" sizes=\"(max-width: 576px) 100vw, 576px\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\">Call\nBoard Meeting<\/h3>\n\n\n\n<p><strong><em>The\nnotice for the Board Meeting should be issued as per Section 173 of the\nCompanies Act, 2013, to all the members 7 days before the Board Meeting.<\/em><\/strong>\nThe notice of the Board Meeting should hold the agenda of the Board Meeting.\nThe draft resolution of the Board Meeting should also be attached with the\nnotice.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Hold\nBoard Meeting<\/h3>\n\n\n\n<p>The Quorum of\nthe meeting is first checked. In the Board Meeting, Resolution for the approval\nof Shares on Preferential Basis will be passed, and the following agendas will\nbe discussed:<\/p>\n\n\n\n<ul>\n<li>The evaluation of the\nValuation report<\/li>\n\n\n\n<li>The number of Allottees\nwill be fixed.<\/li>\n\n\n\n<li>The time, date, place\nand day of the Extraordinary General Meeting (EGM) will be fixed.<\/li>\n\n\n\n<li>The draft of the Offer\nLetter will be prepared.<\/li>\n\n\n\n<li>The notice of EGM,\nalong with the Explanatory Statement, will be finalized.<\/li>\n\n\n\n<li>The Resolution for the\napproval of the Offer Letter will be passed.<\/li>\n\n\n\n<li>To authorize any\nDirector to issue the notice for EGM.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Call\nfor Extra Ordinary General Meeting<\/h3>\n\n\n\n<p>The notice for\nEGM will be sent to all members, Directors and Auditors of Company along with\nagenda of the EGM. <strong><em>The notice should be sent at least 21 days before the\ndate of the EGM.<\/em><\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Hold\nExtraordinary General Meeting<\/h3>\n\n\n\n<p>Firstly, the\nQuorum of the Meeting is checked. The EGM will be held for the following\npurpose:<\/p>\n\n\n\n<ul>\n<li>To present the <strong><em>Letter\nof Offer in PAS-4 Form<\/em><\/strong> to all the members of the Company<\/li>\n\n\n\n<li>To pass a Special\nResolution for the Shares Issue on Preferential Basis. <\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Circulation\nof Letter of Offer<\/h3>\n\n\n\n<p>After the\npassing of the Special Resolution by the members in the EGM the approved Letter\nof Offer will be circulated. The Letter of Offer accompanied with an\napplication form serially numbered and specifically addressed to the person to\nwhom the offer of Shares Issue on Preferential Basis is made. The Letter of\nOffer should be sent in writing or electronic Form. <strong><em>The Letter of Offer\nshould be issued within 30 days of the EGM.<\/em><\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">File\nForm MGT-14<\/h3>\n\n\n\n<p>Form MGT-14\nshould be filed with the Registrar of Companies (RoC). <strong><em>The Form MGT-14\nshould be filed within 30 days from the date of passing of the Special\nResolution in EGM by the Company.<\/em><\/strong> The following attachments should be\nmade with the MGT-14 Form:<\/p>\n\n\n\n<ul>\n<li>The notice of EGM with\nthe explanatory statement.<\/li>\n\n\n\n<li>The minutes of the EGM.<\/li>\n\n\n\n<li>The true certified copy\nof the Special Resolution passed in the EGM by the Company. <\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Open\nSeparate Bank Account<\/h3>\n\n\n\n<p>A Separate Bank\nAccount should be opened for the following purposes:<\/p>\n\n\n\n<ul>\n<li>The payment for the\nsubscription for securities should be made from the bank account of the person\nsubscribing for the securities.<\/li>\n\n\n\n<li>The Company should\nmaintain the bank account from where the payment for the subscription for\nsecurities is received.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">File\nForm to RoC<\/h3>\n\n\n\n<p>After the\ncirculation of Letter of Offer, <strong><em>the Form GNL-2<\/em><\/strong> will be filed with\nthe Registrar of Companies. The GNL-2 should be filed within 30 days of the\ncirculation of the Letter of Offer. The GNL-2 Form should be attached to the\nfollowing:<\/p>\n\n\n\n<ul>\n<li>Letter of Offer in\nPAS-4 Form.<\/li>\n\n\n\n<li>A Complete record of\nPrivate Placement in PAS-5 Form.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Call\nfor Second Board Meeting<\/h3>\n\n\n\n<p><strong><em>The\nnotice for the second Board Meeting will be issued at least 7 days before the date\nof the Board Meeting.<\/em><\/strong> The agenda of the\nBoard Meeting should be attached with the notice pf the second Board Meeting.\nThe second Board Meeting should be held within 60 days of the receipt of the\nAllotment money. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Hold\nSecond Board Meeting<\/h3>\n\n\n\n<p>The Second Board\nMeeting will be held for the following purpose:<\/p>\n\n\n\n<ul>\n<li>To present the list of\nall the Allottees<\/li>\n\n\n\n<li>To pass Resolution for\nthe Allotment of Shares.<\/li>\n\n\n\n<li>To pass Resolution for\nthe Issue of Share Certificate to all the shareholders,<\/li>\n\n\n\n<li>To authorize any two\nDirectors and an authorized person to sign on the Share Certificates to be\nissued to the Shareholders.&nbsp; <\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">File\nForm PAS-3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/h3>\n\n\n\n<p>After the second\nBoard Meeting, <strong><em>Form PAS-3<\/em><\/strong> will be filed to the Registrar of\nCompanies (RoC). The Form PAS-3 should be passed within 15 days of the date of\nsecond Board Meeting. The Form PAS-3 should be attached with the following\nattachments:<\/p>\n\n\n\n<ul>\n<li>The list of all the\nAllottees<\/li>\n\n\n\n<li>The copy of the\ncontract<\/li>\n\n\n\n<li>The true certified copy\nof the Special Resolution passed along with the explanatory statement.<\/li>\n\n\n\n<li>A true certified copy\nof the Board Resolution for the Allotment of Shares.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Issue\nShare Certificate<\/h3>\n\n\n\n<p><strong><em>The\nShare Certificates will be issued to the shareholders within 2 months from the\ndate of Allotment of Shares.<\/em><\/strong> The Stamp duty\nshould be paid as per the provisions of the State. The Register of the Members\nshould be updated after the Issue of Share Certificate to the shareholders. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion\n<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p> Issue of Shares on Preferential Basis is a process by which the shares and securities are allotted on a preferential basis to a specific selected group of investors. The Preferential Allotment of Shares is a different method than other methods as the entire allotment is made to predetermined people at a predetermined price. The preferential Issue of Shares is done to raise the capital of the Company. The process of Shares Issue on Preferential Basis is time-taking and lengthy. We at <a href=\"https:\/\/corpbiz.io\/\"><strong>Corpbiz<\/strong><\/a> have experienced professionals who will assist you with the process of Issue of Shares on Preferential Basis. Our professionals will help you and will ensure the successful completion of your work. <\/p>\n\n\n\n<p class=\"text-left\"><b>Read our article<\/b>:<mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/corpbiz.io\/learning\/buyback-of-shares-and-other-securities\/\">Buyback of Shares and other Securities: A Complete Overview\n<\/a><\/mark><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Under Companies Act, 2013, Company can raise funds via preferential allotment, employee stock option plan, sweat equity shares and right issue. Issue of Shares through preferential basis is the fastest way to raise capital after availing company registration for the establishment. Section 62 (Allotment of Shares) and Section 42 (Allotment of Securities) of Companies Act, [&hellip;]<\/p>\n","protected":false},"author":16,"featured_media":5611,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[120,340],"tags":[435],"acf":{"service_id":"321"},"authorName":"Sakshi Sharda","authorImageUrl":"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/02\/sakshi-sharda.jpg","authorDescription":"Sakshi Sharda has done BBALLB(HONS) and holds a strong knowledge on the matters pertaining to finance and law. From the past one year she is working as a legal advisor and in her leisure time she works on improvising her knowledge. Sakshi is spreading her knowledge by writing for Corpbiz.","postViews":25390,"readingTime":7,"_links":{"self":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/5606"}],"collection":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/comments?post=5606"}],"version-history":[{"count":19,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/5606\/revisions"}],"predecessor-version":[{"id":70313,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/5606\/revisions\/70313"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media\/5611"}],"wp:attachment":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media?parent=5606"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/categories?post=5606"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/tags?post=5606"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}