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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 offer

D All a, b & c

E Both a & c

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Relevant for Exams:

CBI APP and PP

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