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Under the Companies Act, 2013, the validity period of a shelf prospectus commences from:

Section 31(1) says the shelf prospectus shall indicate a validity period not exceeding one year, "which shall commence from the date of opening of the first offer of…

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Under the Companies Act, 2013, the validity period of a shelf prospectus commences from:

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Correct answer C

Section 31(1) says the shelf prospectus shall indicate a validity period not exceeding one year, "which shall commence from the date of opening of the first offer of securities under that prospectus". The date of filing with the Registrar does not start the period.

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