Under the Companies Act, 2013, the period of ninety days for validity of a prospectus is calculated…
Under s.26, the ninety-day validity period for a prospectus is calculated from the date a copy is delivered to the Registrar, not a stock exchange, the Tribunal, or the…
Choose your answer
Under the Companies Act, 2013, the period of ninety days for validity of a prospectus is calculated from the date on which copy of prospectus is delivered to:
Answer and explanation
Correct answer D
Under s.26, the ninety-day validity period for a prospectus is calculated from the date a copy is delivered to the Registrar, not a stock exchange, the Tribunal, or the Central Government.
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