Question
Which of the following is true relating to Red- herring
Prospectus?Solution
Section 32. Red herring prospectus: (1) A company proposing to make an offer of securities may issue a red herring prospectus prior to the issue of a prospectus; (2) A company proposing to issue a red herring prospectus under sub-section (1) shall file it with the Registrar at least three days prior to the opening of the subscription list and the offer; (3) A red herring prospectus shall carry the same obligations as are applicable to a prospectus and any variation between the red herring prospectus and a prospectus shall be highlighted as variations in the prospectus.
Which of the following is divisible by both 4 and 8?
In which scenario can the provisions of EPF & Misc Act 1952 be applied to an establishment employing fewer than twenty persons?
Who holds the distinction of being the first female umpire to officiate in international cricket?
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The average marks of the students of a class in a particular exam is 80. If 5 students whose average marks in that exam is 40 are excluded, the average ...
Which one of the following explains the 'citizen concept' of labour?
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