Question
Shelf Prospectus
Answer :
Word Count : 470
A Shelf Prospectus is a prospectus issued by a company for one or more issues of securities over a specified period without issuing a fresh prospectus for each issue. It is an important facility provided under the Companies Act, 2013, particularly for companies that frequently raise funds from the public. The concept enables eligible companies to make multiple issues of securities within a prescribed period by filing a single prospectus. Section 31 of the Companies Act, 2013 deals with the shelf prospectus. It provides that any class or classes of companies, as may be _____ _______ _________ ______ ___ _____ _______ _________.
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A Shelf Prospectus is a prospectus issued by a company for one or more issues of securities over a specified period without issuing a fresh prospectus for each issue. It is an important facility provided under the Companies Act, 2013, particularly for companies that frequently raise funds from the public. The concept enables eligible companies to make multiple issues of securities within a prescribed period by filing a single prospectus. Section 31 of the Companies Act, 2013 deals with the shelf prospectus. It provides that any class or classes of companies, as may be _____ _______ _________ ______ ___ _____ _______ _________.
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