1. Is it possible to initiate a business without issuing shares? Explain your answer by giving concrete examples. 2. In general, it is said that Indian companies do not grow to a macro size mainly...

1. Is it possible to initiate a business without issuing shares? Explain your answer by giving concrete examples.

2. In general, it is said that Indian companies do not grow to a macro size mainly because of the excessive obsession of the promoters to retain control over the company. Do you agree or disagree with this statement. Explain giving examples.