Question

The secretary has to make an application for listing shares on the stock exchange within ________ days from the date of issue of the prospectus. (Fill in the blank by choosing correct option)
a) 10
b) 20
c) 30

Answer 1

.The secretary has to make an application for listing shares on the stock exchange within ________ days from the date of issue of the prospectus. (Fill in the blank by choosing correct option)
a) 10
b) 20 ✔✔✔
c) 30

Answer 2

Answer:

The correct answer would be B, 20.

Explanation:

When people purchase share of a company in the stock exchange, Those shares are first listed in the stock exchange. An application is drafted for listing these shares. This application has to be made by the secretary before 20 days from the date of issue of the prospectus.