Any Company Making a Public Issue of Value of More

question 19

Multiple Choice

Any company making a public issue of value of more than Rs. ---- is required to file a draft offer document with SEBI.

• A)100 lakh
• B)25 lakh
• C)50 lakh
• D)10 lakh

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Definitions:

Partnership Form

An official business configuration where management roles and profit disbursements are shared among a few individuals.

Service-Type Businesses

Businesses that provide services instead of producing tangible goods.

Unlimited Life

A financial concept that assumes a corporation can continue in operation indefinitely, without a predetermined closure or liquidation date.

SEC

The U.S. Securities and Exchange Commission (SEC) is a federal agency responsible for enforcing federal securities laws and regulating the securities industry, stock and options exchanges.