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Q 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 of such acquisition of shares by a public company on Jagruti (Pvt.) Ltd.​

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