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private placement

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02 July 2011 A private company is not having operations for the past 3 years.Now the company is converting into a public company and going for a private placement.Is there any restrictions for doing so..?

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ABHIJIT DAS

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ABHIJIT DAS (Expert)
03 July 2011 No there is no restriction for doing so private Company Can easily be converted into public company and go for Private placement.

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