- 18 Marks
PBL – APR 2016 – L1 – Q5 – Private vs Public Limited Liability Companies and Conversion
Differences between a private limited liability company and a public limited liability company, and the process for converting a private company to a public one.
Question
(a) State the difference between a Private Limited Liability Company and a Public Limited Liability Company (b) Briefly describe how a Private Limited Liability company may be converted into a Public Limited Liability Company.
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