1.

Jagruti (Pvt.) Ltd. is a private limited company as per the Articles of Association of thecompany. However, a public company acquired shares in Jagruti (Pvt.) Ltd., thereby making it(Jagruti (Pvt.) Ltd.) a subsidiary of that public company. State the provisions and impact ofsuch acquisition of shares by a public company on Jagruti (Pvt.) Ltd.​

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ANSWER:

t's a PRIVATE UNLISTED COMPANY and is classified as'company limited by shares'.



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