Form of application for shares in or debentures of a Company must be accompanied by a Memorandu...........

Companies Act-Phase (I & II) Prospectus

Form of application for shares in or debentures of a Company must be accompanied by a Memorandum containing salient features of Prospectus as prescribed by SEBI, such Memorandum is known as:

Deemed Prospectus

Red Herring Prospectus

Shelf Prospectus

Abridged Prospectus

None of the Above

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Explanation:

As per section 33 of Companies Act, 2013, no one shall issue any form of application for shares in or debentures of a company unless the same is accompanied by a memorandum containing such salient features of prospectus as may be prescribed by SEBI. Such memorandum is known as Abridged Prospectus.