alleryStart learning →Which date is treated as the date of publication of a prospectus?
ADate stated in it
BDate of registration
CDate the issue closes
DDate of board approval
Answer & Solution
Correct answer: A. Date stated in it
The Explanation to section 26 deems the date indicated in the prospectus to be the date of its publication.
Keep practising Prospectus and Allotment of Securities
Browse all Prospectus and Allotment of Securities questions for CA Inter, or explore more Law topics.
Related questions
Public offer under the Act includes an offer for sale by an existing shareholder through:After a penalty order for a contravening private placement, the company must refund subscrThe return of allotment after a private placement must include:A company making a private placement must not:Private placement offers go only to persons whose names the company has:Private placement information goes to the Registrar within how many days of the offer lettIf application money in a private placement is not repaid in time, interest is payable at In a private placement, securities must be allotted within how many days of receiving appl