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Under the Companies Act, 2013, the requirement of abridged prospectus does not apply where application…

The proviso to s.33(1) excludes the abridged-prospectus requirement where the form was issued "in connection with a bona fide invitation to a person to enter into an…

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Under the Companies Act, 2013, the requirement of abridged prospectus does not apply where application form is issued in connection with:

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Correct answer B

The proviso to s.33(1) excludes the abridged-prospectus requirement where the form was issued "in connection with a bona fide invitation to a person to enter into an underwriting agreement with respect to such securities", or for securities not offered to the public. Public offers, including an offer for sale, still need the abridged prospectus.

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