Ch# 06 Prospectus & Commencement of business

Question 1

Define Prospectus?

Answer 1

D I^2 P S^2

Document
Issued
Inviting
Public
Subscription
Securities

Question 2

Exceptions of approval of prospectus

Answer 2

PM’S BED

Private offering
Members
State Bank of Pakistan

Bonus shares
Employees
Dividend by holding company

Question 3

On what places prospectus is available?

Answer 3

CRABBERS

Credit
Rating
Agency
Bankers
Ballotter
Exchange (PSX)
Registered
Share registrar

Question 4

Definition of expert

Answer 4

Be SELVA (Professor name in money heist)

Securities advisor
Engineer
Lawyer
Valuer
Accountant

Banker also

Question 5

Requirements/conditions to be fulfilled to obtain certificate of commencement of business?

Answer 5

MD SAD

Minimum subscription
Director

Statement in lieu of prospectus
Applicants
Decleration