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Question
State whether the following statement is True or False:
Letter of offer is issued at the time of Rights Issue.
Options
True
False
Solution
True
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Find the odd one.
Study the following case/situation and express your opinion:
A Company plans to offer Rights Issue.
a) Which document must it send to its shareholders for offering the Rights Issue?
b) Instead of Rights Issue, if the company wants to issue shares to the public, which document must it issue for inviting the public to subscribe for it?
c) Name the document which is called as incomplete prospectus.
