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
Additional information of companies having business in existence : Following are the information: (a) Profit-Loss statement of the company, Final Balance-sheet, report of auditor regarding it. (b) Profit-Loss information of past five years before publication of prospectus, Reports of Ancillary Branch (c) Information regarding the business in which direct or indirect use of obtained securities is to be utilized.
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