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Question
Write a word or a term or a phrase which can substitute the following statement:
It is an incomplete prospectus.
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Solution
Red herring prospectus
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RELATED QUESTIONS
Select the correct answer from the option given below and rewrite the sentence.
_______is a primary document of the company which contains the aims and objectives of the company.
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_________ clause states the amount of Authorised capital with which the company is registered.
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Primary document of a company which states aims and objectives of a company.
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Document which contains rules and regulations for internal management.
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Prospectus used for multiple issue of shares within a year.
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Memorandum of Association and Articles of Association is prepared at the time of incorporation of a company.
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Articles of Association is subordinate to Memorandum.
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Memorandum contains rules and regulations for the internal management of a company.
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Every subscriber who signs the Memorandum must also sign the Articles.
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Prospectus must be issued within 1 year from the date of tiling it with the ROC.
Find the odd one.
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Any act done by the company which goes beyond the powers of Memorandum of Association will be calledas _________
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Liability clauses
Study the following case/situation and express your opinion:
A Company plans to offer Rights Issue.
a) Which document must it send to its shareholders for offering the Rights Issue?
b) Instead of Rights Issue, if the company wants to issue shares to the public, which document must it issue for inviting the public to subscribe for it?
c) Name the document which is called as incomplete prospectus.
