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In Which of the following cases , Prospectus is not required to be issued:
In case of Private Company
In case of Right and Bonus Issue
In case of Underwriting agreement with underwriters.
Where shares are not offered to the public
All of the above
As per Section 26 of Companies Act,2013 , prospectus containing the details as required under this section is not to be issued in case of right issue, bonus issue, private placement of shares, underwriting contracts. Also, private companies cannot issue prospectus as they can't invite the public for subscription of shares or debentures.
By: Vikas Goyal ProfileResourcesReport error
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