Question

Mention some of the important privileges available to a private company.

Answer 1

Answer:

Important privileges available to a private company are as follows :

Important privileges available to a private company are as follows :Private company need not issue of prospectus or file a statement in lieu of prospectus before raising capital and allotting the shares to its member.

Important privileges available to a private company are as follows :Private company need not issue of prospectus or file a statement in lieu of prospectus before raising capital and allotting the shares to its member.Restriction regarding for the issue of capital do not apply on private companies.

Answer 2

Answer:

Private company need not issue of prospectus or file a statement in lieu of prospectus before raising capital and allotting the shares to its member.

Restriction regarding for the issue of capital do not apply on private companies.