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      Question

      What is the validity period of Shelf

      Prospectus?
      A 1 year Correct Answer Incorrect Answer
      B 3 months Correct Answer Incorrect Answer
      C 6 months Correct Answer Incorrect Answer
      D 9 months Correct Answer Incorrect Answer

      Solution

      Companies Act Section 31 The validity of the Shelf Prospectus shall be for a period not exceeding one year which shall commence from the date of opening of the first offer of securities under that prospectus.

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