Abridged prospectus

IPCC 1592 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!


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