Question

    Once the Prospectus is filed with the Registrar of Companies, it is valid for how many days?

    A 30 days Correct Answer Incorrect Answer
    B 60 days Correct Answer Incorrect Answer
    C 90 days Correct Answer Incorrect Answer
    D 120 days Correct Answer Incorrect Answer

    Solution

    Explanation: Section 26 Prospectus: It should be signed by every director/proposed director of the company, be filed with the Registrar,      and remains valid for 90 days from date of delivery to Registrar.

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