Multiple Choice Questions on A prospectus issued in form of advertisement must state ........ for SEBI Grade A ( Officer) Exam Preparation

Prospectus

Companies Act-Phase (I & II)

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    A prospectus issued in form of advertisement must state:

    The object for which the company has been formed

    Incorrect Answer

    The liability of members

    Incorrect Answer

    The amount of share capital of company

    Incorrect Answer

    The names of signatories to MOA and Shares held by them

    Incorrect Answer

    All of the above

    Correct Answer
    Explanation:

    As per Section 30 of Companies Act, 2013, where an advertisement of any prospectus of a company is published in any manner, it shall be necessary to specify therein the contents of its MOA as regards the objects, liability of members and the amount of share capital of the company, and the names of the signatories to the MOA and number of shares subscribed for by them and its capital structure.

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