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Question

According to the Companies Act, 2013, a company proposing to issue a 'Red Herring Prospectus' shall file it with _________.

A
The Ministry of Company Affairs (MCA)
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B
The Registrar of Companies (ROC)
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C
The Governor of RBI
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D
Any of the above
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Solution

The correct option is B The Registrar of Companies (ROC)
A Company proposing to make an offer of securities may issue a red herring prospectus prior to the issue of prospectus.

A Company proposing to issue red herring prospectus under sub section (1) shall file it with Registrar of Companies at least 3 days prior to the opening of subscription list and offer.

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