Mark the following statements True or False: (a) A private company must file a statement in lieu of prospectus. (b) A company which does not want to prepare its own Articles of Association can adopt Table A. (c) A company wanting to raise capital must issue a prospectus. (d) A private company can start its business immediately after incorporation. (e) Capital clause is a part of the Articles of Association. (f) The Memorandum of Association defines the relationship of a company with or outsiders. (g) Every company must issue a prospectus to raise share capital.
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(a) True,private company can issue a statement in lieu of prospectus.
(e) False, It is a part of Memorandum of Association.
(g) False, A public company can issue a statement in lieu of prospectus.