Under the Companies Act, 2013, an abridged prospectus is issued to:
Section 2(1) defines the abridged prospectus as a memorandum of salient prospectus features specified by SEBI. Section 33 generally requires it with securities application…
Choose your answer
Under the Companies Act, 2013, an abridged prospectus is issued to:
Answer and explanation
Correct answer A
Section 2(1) defines the abridged prospectus as a memorandum of salient prospectus features specified by SEBI. Section 33 generally requires it with securities application forms, subject to the bona fide underwriting and non-public-offer exceptions. It does not replace the full prospectus required for filing.
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