Question
What does a Red Herring Prospectus contain as per the
provisions of the Companies Act?Solution
Explanation: Section 32 of Companies Act - Red herring Prospectus means a prospectus which does not include complete particulars of the quantum or price of the securities included therein. In simple terms a red herring prospectus contains most of the information pertaining to the company’s operations and prospects, but does not include key details of the issue such as its price and the number of shares offered.
Which Museum's former director was charged with money-laundering in an art trafficking case?
Consider the following statement about Jan Jatiya Gaurav Divas 2023:
1. Pan-India celebrations marked the Jan Jatiya Gaurav Divas on 11th Novembe...
What is the annual income threshold for households to qualify for collateral-free loans treated as microfinance loans?
Which of the following National Parks is not situated in Uttarakhand?
The ability of metals to be drawn into thin wires is called:
The disease ‘Xerophthalmia’ is caused in children due to deficiency of which vitamin in their diet?
What is the study of the interactions between living organisms and their environment called?
On 18th September, 2019, Shyam Ramsay died at the age of 67, he was known for which field?
Which of the following is India's largest underground pipeline?
Which of the following factors determines the climate of India?
1. Latitude
2. Ocean currents
3. Distance from the sea
