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PRIVATE PLACEMENT UNDER COMPANIES ACT,2013 INTRODUCTION Whenever company wants to raise funds, for the expansion of business or for new projects, they can either take loan from the bank or financial institutions or by issue of share capital. Part II of chapter III of Companies Act,2013 talks about private placement. The issue of share capital is not for public at large, but only for selected people or groups. A company may make a private placement through issue of offer letters to selected groups or people. WHAT IS PRIVATE PLACEMENT Companies act, 2013 provides various option for raising finds and issue…