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Question
True/False Answer Question:
Statement in lieu of prospectus can be filed by a public company going for a public issue.
Options
True
False
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Solution
The statement is False.
A public limited company inviting applications from the general public to subscribe to its shares or debentures is mandatorily required to file a prospectus with the Registrar of Companies. However, if a company is confident that it can raise funds through private sources i.e. through friends, relatives, or some private arrangements as done by a private company, then it may file a statement in lieu of prospectus with the Registrar of Companies at least three days before making the allotment.
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Multiple Choice Question:
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| 6. Unique number assigned to each Director. | |
| 7. ROC. | |
| 8. A 21 digit alphanumeric code number. | |
| 9. One-Person Company | |
| 10. Contracts entered by Promoters with third parties. |
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Write a word or a term or a phrase which can substitute the following statement.
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Write a word or a term or a phrase which can substitute the following statement.
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State whether the following statement is True or False.
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Select the correct option form the given option:
|
Group A |
Group B |
|
___________ |
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|
Group A |
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|
CIN |
_______ |
Answer in brief.
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