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Abridged prospectus

IPCC 1635 views 1 replies

1. Can anyone telll me difference between Prospectus and Abridged Prospectus ?

2. When we issue Abridged Prospectus and when we issue Prospectus ?

Replies (1)

Hi,

Public Issue by a Normal Company - Prospectus is required.

Every application form issued by a company shall contain by way of a perforated line (dotted line which can be easily torn)  - SUMMARISED VERSION OF PROSPECTUS - ABRIDGED PROSPECTUS.

It is called Abridged because the application form & propesctus are connected just like a bridge.

 

I got all this knowledge from Bharat's LAW IPCC BOOK by AMIT KARIA....

For detailed concepts, opt for the book. The most SIMPLIFIED provisions ever seen by me...Its too good!


CCI Pro

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