Question
If a company makes an offer of securities beyond the
one-year validity period of the shelf prospectus, what is required?Solution
Option a is correct because once the one-year validity period of the shelf prospectus has expired, a new shelf prospectus must be filed for any further offers. Section 31.Shelf prospectus: (1) Any class or classes of companies, as theĀ Securities and Exchange Board may provide by regulations in this behalf, may file a shelf prospectus with theĀ RegistrarĀ at the stage of the first offer ofĀ securitiesĀ included therein which shall indicate a period not exceeding one year as the period of validity of such prospectus which shall commence from the date of opening of the first offer of securities under that prospectus, and in respect of a second or subsequent offer of such securities issued during the period of validity of that prospectus, no furtherĀ prospectusĀ is required.
A mixture consists of honey and water in an 8:7 ratio. If 120 ml of this mixture is removed and then 312 ml of water is added to the remaining mixture, ...
A milkman mixed milk and water in an empty container in the ratio 14:9. The quantity of milk mixed was bought by the milkman at the rate of Rs. 25/litre...
A vessel contains milk and water in which 20% is water. 80 litres of mixture was taken out and replaced by water and the ratio becomes 4:5. Find the ini...
A vessel is completely filled with milk. If 55% of the milk is replaced with water then only 106.2 ml of milk will be left in the vessel. What is the to...
In the mixture of 84 liters, the ratio of milk and water is 5: 7. If this ratio is changed to 3: 5, then tell the amount of excess water (in liters) mix...
There are two containers having equal quantities of mixtures of two chemical types A and B. The 1st container contains 25% of type A chemical whereas th...
In 100 litres of a mixture (milk + water), ratio of quantity of milk to that of water in a mixture is 5:3, respectively. (2x + 18.6) litres of milk and ...
In a mixture of 144 litres (milk + water), the quantity of milk is 40% greater than that of water. After 2P litres of the mixture is removed, the quanti...
An alloy of copper and tin contains 60% of copper. If 10 kg of more tin is added to the alloy, the copper content gets reduced to 50%. Find the quantity...
In a 360 litres solution of milk and water, the quantity of milk is 50% more than water. When (n - 15) litres of water a...