Question
A Private Company can raise funds in how many ways
_____________________Solution
Explanation: Section 23 Public Offer & Private Placement- ( 1) A public company may issue securities — (a) to public through prospectus (herein referred to as “public offer”) by complying with the provisions of this Part; or (b) through private placement by complying with the provisions of Part II of this Chapter; or (c) through a rights issue or a bonus issue in accordance with the provisions of this Act and in case of a listed company or a company which intends to get its securities listed also with the provisions of the SEBI Act, 1992 and the rules and regulations made thereunder (2) A private company may issue securities— (a) by way of rights issue or bonus issue in accordance with the provisions of this Act; or (b) through private placement by complying with the provisions of Part II of this Chapter.
Tangible property to be consumed in production of goods or services or held for sale in the ordinary course of business is defined as:
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