New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    Identify the correct statements with reference to Red

    Herring Prospectus. 1. Section 32 of the Companies Act 2013 is related to the Red Herring Prospectus. 2. A company proposing to issue a red herring prospectus shall file it with the Registrar at least three days prior to the opening of the subscription list and the offer. 3. Red herring prospectus means a prospectus which does not include complete particulars of the quantum or price of the securities.
    A 1 and 2 only Correct Answer Incorrect Answer
    B 1 and 3 only Correct Answer Incorrect Answer
    C 2 and 3 only Correct Answer Incorrect Answer
    D 1 only Correct Answer Incorrect Answer
    E All correct Correct Answer Incorrect Answer

    Solution

    The correct answer is E

    Practice Next