Abridged Prospectus


30 December 2016 Who prepare the Abridged prospectus and for which motive and by which companies? Kindly direct me...

30 December 2016 According to Sec. 56(3) of the Companies Act of 1956, a company cannot issue applications for issue of share or debentures. It cannot do so if it does not contain the salient features of the prospectus of the memorandum. This is known as ‘abridged prospectus’. In other words ‘abridged prospectus’ (the memorandum as prescribed in Form 2A) is a one that contains the salient features of the memorandum of the prospectus.

30 December 2016 Thank Can it be prepared by private company?


30 December 2016 No
its prepared by public ltd. company

30 December 2016 Thank u sir...



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