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Prospectus of a company is –1)An application for shares/debentures2)An offer by the company to the public to sell its shares or debentures3)An invitation to make an offer to subscribe the shares of debentures of the company4)All of the abovei think so all the options are possible explainOption no 4in lesson 24-share capital-test 16 q.no 10(i.e. the above question)you have given the right ans as option 3now for my previous question you have given right ans as option 4i want clear answer quoting sections from companies actAnswers (1)
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