Dear All,
Please explain the meaning of Abridged Prospectus, Shelf Prospectus and Statement in lieu of Prospectus. and what is the difference between them?
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Abridged Prospectus, Shelf Prospectus and SILP
Replies (2)
The memorandum accompanied with application form is called abridged prospectus.
Shelf prospectus means a prospectus issued by a financial instituation or a bank for one or more issue of a securities or class of securities specified in prospectus. The validity period of this is one year from the date of first issue.
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