Dear All,
Please explain the meaning of Abridged Prospectus, Shelf Prospectus and Statement in lieu of Prospectus. and what is the difference between them?
2 Replies
M. N. JHA
(CA)
(8316 Points)
Replied 27 May 2010
The memorandum accompanied with application form is called abridged prospectus.
M. N. JHA
(CA)
(8316 Points)
Replied 27 May 2010
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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