If a company fails to secure the minimum subscription, then it should :
A. Issue, within 30 days, a fresh prospectus to raise the amount by which it fell short during the first attempt
B. Issue a statement in lieu of prospectus, and raise the amount through private sources within a specified period
C. Return with interest the application money to the applicants within a stipulated period
D. Seek permission from the SEBI for reentering the capital market
Answer: Option C
This Question Belongs to Commerce >> Legal Aspects Of Business
A. 5 years imprisonment or 5 lakh rupees penalty or both
B. Life imprisonment
C. 3 years imprisonment or 2 lakh rupees penalty or both
D. None of the above
A. Proposal
B. Promise
C. Contract
D. None of these
What aspect of a patented product is tested by PCT?
A. Priority
B. Novelty
C. Exclusivity
D. Commercial value
The Competition Act, 2002 seeks to regulate
A. Anti-competitive agreements
B. Mergers and amalgamation
C. Unfair trade practices
D. Both A and B
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