Complete Online Test Preparation Portal for all Account Compliances
K PROSPECTUS
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The prospectus must be issued to the public within _________ days of its date.
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If the company can arrangements for raising the capital privately so that public appeal is unnecessary, the company is required to prepare a ________
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When after raising money through prospectus from public offer a Company alters its objects and still keeps the unutilised collection in its own account, in that situation
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A Company while issuing shelf prospectus must prepare all informations regarding Memorandum in Form
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After raising money through prospectus from public, can the money raised be utilised for any other purpose than the mentioned object in the prospectus.
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Misstatement in a prospectus also attracts civil liability.
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Every company must issue an abridged prospectus with the application form for purchase of securities. In case of default by a company, they will be liable to pay penalty of Rs._________
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The obligations cast on a prospectus and on a red herring prospectus are applicable in the same manner. Any variation between the two can be pointed and highlighted.
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A company while proposing to issue a red herring prospectus shall file it with R.O.C. _____________ to the opening of the subscription list and the offer
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What is the exact time for a company to issue a red herring prospectus after proposing to make an offer of securities.
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What is the validity period of issue of shelf prospectus?
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A prospectus when published for advertisement, must specify the Contents of Memorandum specifically
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For mis-statement and false statement in prospectus, criminal liability is attracted:
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Directors’ consent is required and included while issuing a prospectus, so prospectus contain consent of Directors.
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A printed document issued by a company inviting offers from public to subscribe or purchase shares and debentures is called
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Is there any document called “abridged prospectus”?
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Is there a document called ‘Prospectus’ in a limited meaning meant for a private company?
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Who can issue a prospectus?
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Does a prospectus include any notice, circular and advertisement?
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When a public company has issued prospectus without receiving the minimum subscription it is called________
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Who has certain remedies for misstatement in the prospectus against the company and the persons issuing the Prospectus?
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A prospectus may contain a statement purporting to be made by an expert. The term “expert” includes.
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Which of the documents is not filed to the registrar at the time of incorporation?
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The document which invites the public for subscribing capital in the form of shares and debenture is called
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The ‘Golden Rule’ for framing of a prospectus was laid down in the case of
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Shelf prospectus’ means a prospectus issued by
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__________means a prospectus issued by any financial institution or bank for one or more issues of the securities specified in that document.
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The Companies (Amendment) Act 1988 provide that the companies should furnish along with the application form for shares or debentures, an__________instead of complete prospectus.
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Every prospectus
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The statement in lieu of prospectus must be filed with the registrar at least______before any allotment of shares is made.
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A company issues prospectus within______of its registration.
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Prospectus by implication is also known as_________
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The main advantage of _________is that company can save underwriting expenses.
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____________Gives only a general idea about securities.
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Which of the following documents contains bye-laws that govern the internal management of a company:
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Every person who knowingly issues a Prospectus without registration, is punishable _______________
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The Prospectus must be issued within ______________
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______ years of imprisonment will be imposed in case of issue of prospectus with untrue statements
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years of imprisonment will be imposed in case of issue of prospectus with untrue statements
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Which one of the following has a right to claim compensation for any loss due to mis-statement in prospectus
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Information memorandum + shelf prospectus together constitutes
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Abridged prospectus means__________
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A prospectus is to be issued within _______days of registration.
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Information on memorandum + shelf prospectus together constitute___________
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A public company can issue the prospectus to offer its shares and debenture, whereas a private company cannot issue prospectus.
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If a subscribed person of the securities suffers any loss or damage because of a misleading statement in the prospectus, then the company is liable to pay for the compensation to every subscribed person of the securities.
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If a company issues a prospectus then it is responsible for the statement in it.
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If a company issues prospectus in contravention, then the company will be punishable to pay an amount of Rs.50,000 which may extend up to Rs.3 lakhs.
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If a company offers the shares or debentures to public through a prospectus then it is a public issue.
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According to the Companies act 2013, there are four types of the prospectus, abridged prospectus deemed prospectus, red herring prospectus, and shelf prospectus.
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Any document which offers the sale of securities to the public is deemed to be a prospectus by implication of law.
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Deemed prospectus has been mentioned under Companies Act. 2013 Section 25 (1).
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Red herring prospectus does not contain all informations about the prices of securities offered and the number of securities to be issued.
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A company cannot issue an application form for the purchase of securities unless an abridged prospectus accompanies such a form.
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Abridged prospectus includes all the informations in brief, which gives a summary to the investor to make further decisions.
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Abridged prospectus is a memorandum, containing all salient feature of the prospectus as specified by SEBI.
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A shelf prospectus should be used within a maximum of one year.
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A maximum of four issues of securities can be made using a shelf prospectus.
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The advantage of a shelf prospectus is that a new prospectus need not be issued every time the company issued securities.
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A shelf prospectus can be issued by any public limited company raising funds through multiple issues of bonds.
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It is compulsory for public limited companies to issue a prospectus before issuing securities.
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A prospectus is a notice, advertisement or any other document inviting the public to subscribe for securities.
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A shelf prospectus is a type of prospectus issued by companies making multiple issues of bonds for raising funds.
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When inviting deposits from the public at large, it is compulsory for a company to issue a prospectus or a document in lieu of a prospectus.
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A prospectus contains all the informations of the company, its financial structure, previous year balance sheets and profit and loss statements etc.
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The prospectus is like an invitation to be public to subscribe to shares of the company.
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_______ means a memorandum containing such salient feature of a prospectus as may be specified by the Securities and Exchange Board by making regulation in the behalf.
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The statement in lieu of prospectus must be filed with the Registrar at least _____ days before any allotment of shares is made.
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Shelf prospectus’ means a prospectus issued by _______
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Offers may be invited from the public by issuing a document known as _________
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_______ signed by the required number of persons which are necessary for the information of Company.
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_________ is a shorter version of the prospectus and contains all the salient features of a prospectus that forms a part of the memorandum.
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The statement in lieu of prospectus is drafted in accordance with the particulars set in part-I of the ________ Companies Act.
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A public Company may issue a prospectus called ___________
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Prospectus must therefore make full and honest declaration of material facts without concealing or omitting any relevant fact. This is known as __________
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_______ is issued by any financial institution or bank for one or more of issues of securities or class of securities specified in the prospectus.
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A __________ is a document but invites the public to subscribe for share and debentures.
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The prospectus must be issued to the public within ____ days of the date
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A copy of the ________ must accompany each form of application for shares offered to the public.
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prospectus is to be issued within ______ days of registration.
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