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    Question

    A Private company can issue shares

    through___________
    A Left issue Correct Answer Incorrect Answer
    B Bonus issue Correct Answer Incorrect Answer
    C Private offer Correct Answer Incorrect Answer
    D Initial Public offer Correct Answer Incorrect Answer

    Solution

    Companies Act Section 23. Public offer and private placement (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.

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