Legal Question in Business Law in India
Prospectus is required to be issued when right issue are made.
Asked on 9/14/13, 3:06 am
1 Answer from Attorneys
Fca Prashant Chavan
Expert Edge LLP
14.09.2013
Dear Sir / Madam,
Prospectus is for a new public issue of shares. A Letter of Offer is required to be issued by the Company for a rights issue.
Regards,
Answered on 9/14/13, 10:29 am
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