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Answer in one sentence. What is meant by private placement? - Secretarial Practice

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Question

Answer in one sentence.

What is meant by private placement?

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Solution

If a company offers shares to a selected group of investors, not exceeding 200 to raise capital is called private placement.

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Chapter 3: Issue of Shares - EXERCISE [Page 64]

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Balbharati Secretarial Practice [English] Standard 12 Maharashtra State Board
Chapter 3 Issue of Shares
EXERCISE | Q 1. H) 9. | Page 64
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