Question

Definition of prospectus was given under which Section?

A Section 2 (30) Correct Answer Incorrect Answer
B Section 2 (36) Correct Answer Incorrect Answer
C Section 2 (56) Correct Answer Incorrect Answer
D Section 2 (70) Correct Answer Incorrect Answer

Solution

Section 2(70) “prospectus” means any document described or issued as a prospectus and includes a red herring prospectus referred to in section 32 or shelf prospectus referred to in section 31 or any notice, circular, advertisement or other document inviting offers from the public for the subscription or purchase of any securities of a body corporate.

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