Question
Which of the following is true relating to Red- herring
Prospectus? a. It is issued prior to the issue of a prospectus b. It shall carry the same obligations as are applicable to a prospectus c. It shall be filed with the Registrar at least three days prior to the opening of the subscription list and the offerSolution
Section 32. Red herring prospectus: (1) A company proposing to make an offer of securities may issue a red herring prospectus prior to the issue of a prospectus; (2) A company proposing to issue a red herring prospectus under sub-section (1) shall file it with the Registrar at least three days prior to the opening of the subscription list and the offer; (3) A red herring prospectus shall carry the same obligations as are applicable to a prospectus and any variation between the red herring prospectus and a prospectus shall be highlighted as variations in the prospectus.
- 16 × 35 + 119 + 23 × 17 = ? + 370 
- ? ÷ 62 × 12 = 264 
- ?2 - (40% of 240) = 25 X 5 
- Find the simplified value of the given expression: - √(?) ² = √7396 - √6889 
- √4761 ÷ 23 + √12769 = ? × 58 
- 40% of 50 + 50% of ? = 25% of 300 - 10% of 250 
- [(1245 ÷ 9) ÷ 12] × 540 = ?2 – 175 
- 255 × 8 + 386 × 5 =? % of 7940 
- ? = 6.25% of 240 + 252 + 172 – 16 × 17