Under Section 26 Companies Act 2013, a 'prospectus' issued by or on be…

Question

Under Section 26 Companies Act 2013, a 'prospectus' issued by or on behalf of a public company must contain:

Accepted Answer

D. such matters and reports as may be prescribed by SEBI (in consultation with the Central Government) for the protection of investors

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_

Answer

only the company name and registered office, with no other information being required (cf. Companies Act 2013, Section 26)

Answer

only the share price and number of shares being offered to the public for subscription (cf. Companies Act 2013, Section 26)

Answer

only details of the directors and managers, no financial information whatsoever (cf. Companies Act 2013, Section 26)