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    Question

    Company should file a prospectus in case of conversion

    of private company into a public company with in __________ from the date of resolution
    A 30 days Correct Answer Incorrect Answer
    B 45 days Correct Answer Incorrect Answer
    C 60 days Correct Answer Incorrect Answer
    D 75 days Correct Answer Incorrect Answer

    Solution

    As per Companies (Prospectus and Allotment of Securities) Rules, 2014, if there is conversion of a private company into public, there must be an issuance of prospectus stating the material facts within thirty days from the date of passing of the resolution for the same.

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