Question

A way by which the companies raise capital without going to the public is known as __________________

A Public Offer Correct Answer Incorrect Answer
B Private Placement Correct Answer Incorrect Answer
C Public Placement Correct Answer Incorrect Answer
D Private Purchase Correct Answer Incorrect Answer

Solution

Explanation: Section 42- any offer or invitation to subscribe or issue of securities to a select group of persons by a company (other than by way of public offer) through private placement offer-cum-application.

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