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What is prospectus

Answer» When a company wants to issue its share to public then the comapnay issues the prospectus. Its is a kind of a book in which all the details are written .it contains the MOA, AOA and all the details regarding the issue, how the money will be paid, the time of redumption( in case of preference and debentures)
It refers to that document which contains all the relevant information to the issue and through which the company invites the public to apply for shares , debentures , etc .


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