As per Companies Act 2013, if a company makes an offer or invitation to more than the prescribed number…
Under Section 42 of the Companies Act, 2013, if a private placement offer or invitation is made to more persons than the prescribed limit, "The offer will be treated as a…
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As per Companies Act 2013, if a company makes an offer or invitation to more than the prescribed number of persons
Answer and explanation
Correct answer C
Under Section 42 of the Companies Act, 2013, if a private placement offer or invitation is made to more persons than the prescribed limit, "The offer will be treated as a public offer" and must comply with the provisions governing public issues.
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