📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

  • google app store apple app store
  • ✖

      Question

      A prospectus shall not be a valid prospectus if it has

      been issued _____________
      A Within ninety days from the date on which a copy is delivered to the Registrar for filing Correct Answer Incorrect Answer
      B Less than ninety days after the date on which a copy is delivered to the Registrar for filing Correct Answer Incorrect Answer
      C More than ninety days after the date on which a copy is delivered to the Registrar for filing Correct Answer Incorrect Answer
      D By the company after the date on which a copy is delivered to the Registrar for filing Correct Answer Incorrect Answer
      E By the company without the prior approval of the Central Government Correct Answer Incorrect Answer

      Solution

      Section 26. Matters to be stated in prospectus: (8) No prospectus shall be valid if it is issued more than ninety days after the date on which a copy thereof is delivered to the Registrar.

      Practice Next

      Relevant for Exams:

      ask-question