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Match List-I with List-II. List-I (Terms) List-II (Section of Companies Act, 2013) A. Abridged Prospectus
Question

Match List-I with List-II.
List-I (Terms)
List-II (Section of Companies Act, 2013)
A. Abridged Prospectus
(i) Section 31
B. Deemed Prospectus
(ii) Section 32
C. Shelf Prospectus
(iii) Section 2(1)
D. Red herring Prospectus
(iv) Section 25
Choose the correct answer from the options given below:

A.

A-(iii), B-(iv), C-(i), D-(ii)

B.

A-(ii), B-(iii), C-(i), D-(iv)

C.

A-(i), B-(ii), C-(iii), D-(iv)

D.

A-(iv), B-(ii), C-(iii), D-

E.

Section 31
B. Deemed Prospectus
(ii) Section 32
C. Shelf Prospectus
(iii) Section 2(1)
D. Red herring Prospectus
(iv) Section 25
Choose the correct answer from the options given below:
(a) A-(iii), B-(iv), C-(i), D-(ii)
(b) A-(ii), B-(iii), C-(i), D-(iv)
(c) A-(i), B-(ii), C-(iii), D-(iv)
(d) A-(iv), B-(ii), C-(iii), D-(i)

Correct option is A

  1. Abridged Prospectus:
    Defines an abridged prospectus as a memorandum containing salient features of a prospectus in a prescribed format. It must accompany the application form for securities.

  2. Deemed Prospectus:
    Treats an offer for sale document issued by a company through an intermediary (such as an issuing house) as a prospectus under certain conditions. This ensures regulatory oversight even in indirect public offers.

  3. Shelf Prospectus:
    Allows certain companies (mostly financial institutions or banks) to file a shelf prospectus once and issue securities in multiple tranches without filing a fresh prospectus each time.

  4. Red Herring Prospectus:
    Refers to a prospectus that does not include complete particulars of the quantum or price of the securities being offered. It is used primarily in book-building issues.

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