Under Section 26 Companies Act 2013, a 'prospectus' issued by or on behalf of a public company must contain:
Answer & Solution
Correct answer: D.
1. Section 26 Companies Act 2013 (Matters to be stated in prospectus) requires a prospectus to state such information and set out such reports on financial information as may be specified by SEBI (in consultation with the Central Government).
2. The Section ensures statutory disclosure for investor protection — disclosure of directors, capital structure, objects of the issue, risk factors, summary financial information, auditors' report, etc.
3. SEBI ICDR Regulations, 2018 lay down detailed disclosure requirements.
4. Hence option B is correct.
_Source: Companies Act 2013 (Act 18 of 2013), Govt. of India MCA — Companies Act 2013, Section 26_
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