Under the Companies Act, 2013, a shelf prospectus is filed at the stage of:
Under s.31(1), the shelf prospectus is filed with the Registrar "at the stage of the first offer of securities included therein". For each later offer during its validity…
Choose your answer
Under the Companies Act, 2013, a shelf prospectus is filed at the stage of:
Answer and explanation
Correct answer B
Under s.31(1), the shelf prospectus is filed with the Registrar "at the stage of the first offer of securities included therein". For each later offer during its validity only an information memorandum is filed under s.31(2).
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