In case of private placement of shares, to raise the amount of capital a company :

Name: In case of private placement of shares, to raise the amount of capital a company :
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Question

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In a private placement of shares, a company raises capital by selling shares directly to a select group of private investors rather than inviting the general public. This process does not involve public advertisements, prospectuses, or the memorandum of association for inviting the public.

In Case of Private Placement of Shares, to Raise the Amount