alleryStart learning →The maximum period for which a rights offer may be kept open is:
ASeven days
BFifteen days
CThirty days
DNinety days
Answer & Solution
Correct answer: C. Thirty days
The offer notice cannot allow more than thirty days from the date of the offer.
Keep practising Companies Act 2013
Browse all Companies Act 2013 questions for CA Foundation, or explore more Businesslaw topics.
Related questions
An act done by a company beyond its objects clause is described as:Which committee's recommendation led to setting up the NCLT?Members alleging oppression of members apply under Section 241 to the:Which section made CSR spending mandatory for large companies?Related party contracts need the consent of the:Before appointment, an auditor must give the company his:CSR activities are specified in which Schedule of the Act?A company covered by Section 135 must spend what share of average net profits on CSR?