Home › CA Inter › law › Prospectus and Allotment of Securities › Where a company allots securities to an issue ho…
Where a company allots securities to an issue house which then offers them for sale to the public, the offer document is treated as a:
Astatement in lieu
Bred herring prospectus
Cdeemed prospectus
Dshelf prospectus
Answer & Solution
Correct answer: C. deemed prospectus
An offer-for-sale via an issue house is a deemed prospectus.
Related questions
Allotment of shares is essentially the ___ of the applicant's offer by the company:The minimum application money on shares in a public issue is generally prescribed as a perA prospectus that is false in a material particular at the time of issue can attract ___ lIf a company does not receive the minimum subscription within the prescribed time, the appThe variation in the terms of a contract referred to in the prospectus generally requires A public company making a public offer must ensure the securities are listed on a recognisIf a prospectus includes a statement purporting to be by an expert who is not engaged or iA document offering shares for sale to the public is required to be registered with the: