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M/s ABC Pvt. Ltd, is a Private Limited Company is desirous to issue prospectus for inviting the public for subscription of its issue. Can the Company do so?
A Private Company is prohibited from inviting the public for the subscription of its shares, i.e. a Private Company cannot issue Prospectus, whereas a Public Company is free to invite public for subscription i.e., a Public Company can issue a Prospectus.
By: Srishti Gupta ProfileResourcesReport error
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