Business Studies, asked by Pocolo, 7 months ago

THIS TYPE OF COMPANY IS NOT PROHIBITED FROM INVITING PUBLIC TO SUBSCRIBE TO ITS SHARES

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Answered by mananmadani53

Answer:

Private companies under no circumstances can accept deposits from the public. It cannot invite members of the public to subscribe to its shares either. The number minimum of directors to be appointed are 2.

Explanation:

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THIS TYPE OF COMPANY IS NOT PROHIBITED FROM INVITING PUBLIC TO SUBSCRIBE TO ITS SHARES​

Answers

THIS TYPE OF COMPANY IS NOT PROHIBITED FROM INVITING PUBLIC TO SUBSCRIBE TO ITS SHARES