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What is meant by prospectus |
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Answer» it is a notice and circular or a document of a company informing the public about new issue of shares objective and subjective risk factors directors location date of issue except to the public it is an invitation to the public to apply for shares it is mandatory for a public company to issue of prospectus a private company need not issue prospectus Prospectus is a kind of brochure or document clearly specifying the aims, objectives rules regulations and other necessary information of the business |
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