Question

Pawan Ltd. A public company after receiving certificate of incorporation wants to raise

funds from the public by means of issuing shares .It issues a prospectus to invite the

general public to subscribe and fulfills various other formalities.

(i) Name the stage of the formation ,of a company Pawan Ltd. is at present

(ii) Briefly explain the steps required to raise funds after filing the prospectus with the

registra​

Answer 1

Answer:

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