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    				| 1. | 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 ofsuch acquisition of shares by a public company on Jagruti (Pvt.) Ltd. | 
| Answer» The impact ofgiven acquisition of shares by a public COMPANY on Jagruti would be; When a private company is taken up a public company, or any subsidiary of company, the previous shares will all become public All provisions related to section 196, 197 and 203 of Companies Act will now be applied to Jagruti Jagruti company, EARLIER a private company, will now ENJOY the status of public company | |