Prospectus and Allotment of Securities – Test 1

Section 23 provides for___________

The prospectus is defined under _________

Sec 2(70) of Company Act, 2013. Define prospectus issued to ______

A single private communication between business fiends shall not satisfy the term_______

Prospectus must be issued to public is was held in case of _______

Prospectus must contain opinion of_______

The Prospectus must be issued to public within _____days of _____to ROC

If the Company makes any default u/s 33 it shall be liable for penalty of_____

In order to constitute offer for sale, such on offer made to public within ___ months after allotment to underwriter.

Prospects under Section 25 is _________

Section 28 states about _____

Self-Prospectus is valid for the period_______

Prospectus without complete particular of quantum of price of the Securities is called___

In case of Misstatement in prospectus _________ can be imposed

In case of Misrepresentation in Prospectus_______

A subsequent purchaser of share in open market has no remedy against the company or Director or promoters held in the case of

Section 37 states about ___________

Section 24 of Companies Act,2013 empowers __________

If company is willing to utilize the amount raised for the purpose other than specified in prospectus then ________ is required to be passed.

Public offer shall mandatorily be made through dematerialized form as stated in Section_____ 29

An act of appropriation of Capital by BOD is called____

Application money shall not be less than______ of the nominal value of securities.

Company shall receive minimum subscription within 30 days from date of____

If the company has not received minimum subscription, then the amount received is to be repaid within ___day from closure of issue

Return of allotment to be filled by company in form _____to ROC in ___days.

Sec 42 provides that a company cannot make ____to more than 200 person in aggregate in
financial year.

Letter of offer to be issued by company in___

In order to make private placement securities is _____required

While calculating the limit of 200 person under Section 42 ___________

The minimum investment size for private placement shall not be less than _________ as per ___