Question

Toffee Private Ltd is a well-known company dealing in pet food and accessories. Keeping in view the growing demand for its product the company has decided to increase its production turnover. The expansion plan will necessitate setting up of a new factory. In order to meet, its increased financial needs the management of the Company has decided to go public that is to change the form of business from a private limited company to a public limited company.
Why do you think the management of the company has decided to convert the company into a public limited company and what are the privileges that private limited company will enjoy over public limited company.​

Answer 1

Answer:

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Explanation:

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