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Why Issue A Statement In Lieu Of Prospectus?
I want to know why a company issues a statement in lieu of prospectus if it contains the same things as a prospectus?
asked 4 months ago
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Well, Statement in lieu of prospectus is issued by a public company having share capital that intends to raise capital privately that means not publicly, though the contents are almost similar of both prospectus and statement in lieu of prospectus but statement in lieu of prospectus is to be filed with the registrar by the public companies going for issue of capital privately.
answered 4 months ago
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