Companies Act
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Questions and Answers

What is the Companies Act, 2013 Chapter III about?

It is about the prospectus and allotment of securities, and provides the manner in which securities can be issued by both public and private companies.

What are the two parts of Chapter III of the Act?

Part I contains provisions for the issue of securities through public offer, and Part II contains provisions for the issue of securities through private placement.

What does the diagram depict?

The diagram depicts the various sections related to the issue of securities under Part I and Part II of Chapter III of the Companies Act, 2013.

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