๐Ÿ“ข Too many exams? Donโ€™t know which one suits you best? Book Your Free Expert ๐Ÿ‘‰ call Now!

  • google app store apple app store
  • โœ–

      Question

      A Private company can issue shares

      through___________
      A Bonus issue Correct Answer Incorrect Answer
      B Private offer Correct Answer Incorrect Answer
      C Issue of securities Correct Answer Incorrect Answer
      D Initial Public offer Correct Answer Incorrect Answer
      E All the above Correct Answer Incorrect Answer

      Solution

      Section 23 Public offer and private placement: (2) A private company may issue securitiesโ€” (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.

      Practice Next

      Relevant for Exams:

      ask-question