📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    Question

    A prospectus issued by a company should not be issued

    more than ______ days before the allotment of shares.
    A 30 Correct Answer Incorrect Answer
    B 60 Correct Answer Incorrect Answer
    C 90 Correct Answer Incorrect Answer
    D 365 Correct Answer Incorrect Answer

    Solution

    As per the Companies Act, 2013, a prospectus cannot be issued more than 90 days before the allotment of shares or the opening of the subscription list.

    Practice Next
    ask-question