Aoa

This query is : Resolved 

10 December 2011 WHAT IS DIFFERENCE BETWEEN AOA OF PUBLUIC LIMITED COMPANY WHICH MAKES OFFER TO PUBLUIC, TO WHO DOES NOT.

10 December 2011 A private company is prohibited in law to raise money from public via public offer. However a public company is allowed to make public offer.

However a public company going for public offer must have an authorization clause in its AOA for making public offer.

RG

10 December 2011 THANKS FOR YOUR RESPONSE .IT WILL INDEED BE A PLEASURE IF YOU CAN LITTLE EXPLAIN BY VARIOUS CLUSES FOR EXAMPLE.
BEST REGARDS
RAJESH


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