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Introduction to NPO

Which of the ...

Question

Which of the following companies must file a statement in lieu of prospectus?

A

A private limited company

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B

A cooperative society

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C

A company that has issued a prospectus

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D

A public company that has not issued a prospectus.

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Solution

The correct option is D A public company that has not issued a prospectus.
Option D is the correct answer.

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Similar questions

Q. Public company having share capital which has not issued a prospectus of the company has to file a ___________ before its commencement.

Statement in lieu of prospectus can be filed by a public company going for a public issue.

Q. When there is a conversion of a private company into a public company ________ prospectus must be issued.

Is it essential for a private company to issue a prospectus or a statement in lieu of prospectus? Why or why not?

Q. Mark the following statements True or False:
(a) A private company must file a statement in lieu of prospectus.
(b) A company which does not want to prepare its own Articles of Association can adopt Table A.
(c) A company wanting to raise capital must issue a prospectus.
(d) A private company can start its business immediately after incorporation.
(e) Capital clause is a part of the Articles of Association.
(f) The Memorandum of Association defines the relationship of a company with or outsiders.
(g) Every company must issue a prospectus to raise share capital.

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