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      Question

      A company proposing to issue a red herring prospectus

      shall file it with the Registrar __________________to the opening of the subscription list and the offer
      A At least three days prior Correct Answer Incorrect Answer
      B At least thirteen days prior Correct Answer Incorrect Answer
      C Not less than thirty days prior Correct Answer Incorrect Answer
      D Within fifteen days of the issue Correct Answer Incorrect Answer
      E None of the above Correct Answer Incorrect Answer

      Solution

      Section 32 Red herring 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

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