The contents of the prospectus have to be in accordance with the provisions of the Companies Act and SEBI disclosure and investor protection guidelines.

True

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False

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Solution

The correct option is A True
The contents of the prospectus have to be in accordance with the provisions of the Companies Act and SEBI disclosure and investor protection guidelines- this is a true statement. Prospectus is required and to be filed up under Stock Exchange Board. It helps to give details about the company's background. It helps to protect the interests of the investors and provides security to the investment.

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