Question

Prospectus is not issued in​

Answer 1

Prospectus is not issued in private placement.

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Answer 2

Answer:

As stated under sub-section 4 of section26 of the Companies Act, 2013, the prospectus is not to be issued by a company or on its behalf unless on or before the date of publication, a copy of the prospectus is delivered to the registrar for registration.

Explanation:

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