Gujarat BoardEnglish MediumSTD 11 CommerceSPCCProspectus3 Marks
Question
Which additional information are required to be shown by the companies having continuing business?
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Answer
Companies doing business are required to provide the following additional details:
1. Auditor's report on the company's profit and loss account, fixed balance sheet.
2. Profit-loss details for the previous five years before the advertisement was issued, secondary branch reports.
3. Information about the business in which the securities obtained are intended to be used directly or indirectly.
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