After closure of offer under Section 32 of the Companies Act, 2013, the prospectus shall state:
Section 32(4) requires that, on closing of the offer, the prospectus stating "the total capital raised, whether by way of debt or share capital, and the closing price of the…
Choose your answer
After closure of offer under Section 32 of the Companies Act, 2013, the prospectus shall state:
Answer and explanation
Correct answer D
Section 32(4) requires that, on closing of the offer, the prospectus stating "the total capital raised, whether by way of debt or share capital, and the closing price of the securities and any other details as are not included in the red herring prospectus" be filed with the Registrar and SEBI. Each listed item must therefore be stated.
Practice for these exams
-
All India Bar Examination (AIBE)
Subject revision
See pack details on LawMint.net -
UGC NET Law
Subject revision
See pack details on LawMint.net -
IIT Kharagpur LL.M. Entrance
Subject revision
See pack details on LawMint.net -
CLAT PG
Subject revision for a passage-based exam
-
CUET PG Law (LL.M.)
Subject revision
-
AILET PG
Subject revision
-
Bihar Judicial Services
Subject revision