When would a proprietary company consider becoming a public, Business Law and Ethics

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When would a proprietary company consider becoming a public

Problem:

When would a proprietary company consider becoming a public company? Can a proprietary company be forced to change its status?

Additional Information:

This question belongs to the Law as well as it discusses regarding a proprietary company becoming the public company. The question explains about such a proprietary company being forced to change its status. This has been stated in detail in the solution.

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Business Law and Ethics: When would a proprietary company consider becoming a public

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Business Law and Ethics: When would a proprietary company consider becoming a public

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