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Which of the following scenarios would require the issue of a prospectus under Section 42 of the Companies Act, 2013?
When existing shareholders trade their current holdings with each other
When a company gives fully paid bonus shares exclusively to employees
When a company invites a private placement from 25 selected investors
When a company offers securities to more than 200 persons in one year
When a company offers securities to more than 200 persons in one year
Practice and solve "Which of the following scenarios would require the issue of a prospectus under Section 42 of the Com..." for Part 5 Domain Knowledge - CIL MT Company Secretary 2026. The correct answer is Option D: When a company offers securities to more than 200 persons in one year. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
Practice and solve "Which of the following scenarios would require the issue of a prospectus under Section 42 of the Com..." for Part 5 Domain Knowledge - CIL MT Company Secretary 2026. The correct answer is Option D: When a company offers securities to more than 200 persons in one year. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
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