Can a Private Limited Company issue prospectus ........

Companies Act-Phase (I & II) Prospectus

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Can a Private Limited Company issue prospectus?

Yes

Partly Yes

Partly No

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Explanation:

A Private Company is prohibited from inviting the public for 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. )

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