Start learning →

Private placement offers go only to persons whose names the company has:

ARecorded beforehand
BTaken from the exchange
CPublished in a paper
DFiled with the Registrar
Answer & Solution
Correct answer: A. Recorded beforehand
Section 42(7) requires offers by name to persons recorded by the company prior to the invitation.
Practise this question with Quill — CA Inter →

Keep practising Prospectus and Allotment of Securities

Browse all Prospectus and Allotment of Securities questions for CA Inter, or explore more Law topics.

Start a Prospectus and Allotment of Securities lesson →
Related questions