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An entrepreneur will have to comply with some Legal Obligations during planning, implementation and operation of the enterprise. A business can be conducted by an individual as a proprietor or in association as partnership, cooperative or joint stock company. The conversion of a private limited company to a public limited company requires modification of memorandum and articles of association, broad basing of Board of Directors, and listing of shares with stock exchange.
An entrepreneur will have to comply with some Legal Obligations during planning, implementation and operation of the enterprise. A business can be conducted by an individual as a proprietor …