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Public offer and private placement.

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....fer Public offer and private placement. 023. (1) A public company may issue securities-- (a) to public through prospectus (herein referred to as "public offer") by complying with the provisions....

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....les and regulations made thereunder. (2) A private company may issue securities only through private placement by complying with the provisions of Part II of this Chapter. Explanation.-- For the p....