Multiple Choice Questions on Which of the following corporate entities must file a statement in lieu of prospectus ........ for SEBI Grade A ( Officer) Exam Preparation

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Multiple Choice Questions

Which of the following corporate entities must file a statement in lieu of prospectus ........

Companies Act-Phase (I & II) Prospectus
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    Which of the following corporate entities must file a statement in lieu of prospectus:

    A Private Company

    Incorrect Answer

    Public Company which has issued prospectus to public

    Incorrect Answer

    Public Company which has not issued a prospectus i.e. issue through Private Placement

    Correct Answer

    All of the Above

    Incorrect Answer

    None of the Above

    Incorrect Answer
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    Explanation:

    where a public company having share capital  do not wish to raise capital from the public by issue of prospectus, it must file a statement in lieu of prospectus with the ROC atleat 3 days before the allotment of shares.

    By: Vikas Goyal
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