Prospectus: meaning and contents

Prospectus and Allotment of Securities

CA Intermediate · Paper 2
This syllabus version: May 2026. Choose your attempt in the tracker

Open to everyone. Sign in and this lesson counts on your paper's progress.यह lesson सबके लिए खुला है। sign in करने पर यह आपके paper की progress में गिना जाता है।

4 videos
4 teachers
Length 14–328 min
1 practice scenario

Choose a teacherआप इनमें से किसी एक teacher का video चुनें। एक video काफ़ी है।

4 teachers' videos for this topic. You only need one. Nobody at YUNOVA has watched them yet; they were found by title, channel and length.

CWG for BCom
Prospectus | Company Law Chapter-6 | CWG for BCOM
- 13 min video
- Suggested first
- Not reviewed yet
DWIVEDI GUIDANCE
Prospectus company law, Statements in view of Prospectus, provision to issue prospectus, companies
- 14 min video
- Not reviewed yet
CA Intermediate by PW
CA Inter Corporate & Other Laws | Prospectus and Allotment of Securities | CA Chaitanya Jain
- 327 min video
- Not reviewed yet
Vsmart Academy
03 Prospectus | Rapid Revision 7.0 | For Sep'26 | CA Inter Law |CA Shubham Singhal | Vsmart
- 87 min video
- Not reviewed yet

Recommended marks a teacher on this paper's shortlist. Suggested first only means it is listed first. Neither is a verdict on the video.

by CWG for BCom · Not reviewed yet · Watch on YouTube · Report this video

Nobody at YUNOVA has watched these lessons yet. They were found by searching YouTube and reading each result's title, channel and length. Syllabus tracking shows what you have covered, not how ready you are; it never predicts your exam result.

Next topic: Shelf and red herring prospectus

Practice: Chapter 3इस chapter की practice: एक समय में एक case scenario।

Draft case scenarios for this chapter, one at a time. An AI reviewer checked them; a teacher has not yet. Your score is for this session only.

This session: 0 of 0 right

Scenario 1 of 1 · Chapter 3: Prospectus and Allotment of Securities

Prospectus and Allotment of Securities Case Study

Vanguard Logistics Limited (VLL), a unlisted public company, issued a Shelf Prospectus on 1st July 2024 with a validity period of one year. Along with the Shelf Prospectus, VLL raised ₹50 crore through its first offer of securities. On 10th November 2024, prior to issuing the second tranche of securities under the Shelf Prospectus, VLL underwent a material change in its financial structure due to a high-value loan default by one of its major debtors, resulting in a potential bad debt of ₹10 crore. VLL had received advance subscription money of ₹5 crore from prospective investors on 1st November 2024 for the second tranche. Separately, to meet immediate capital requirements, VLL made a Private Placement offer of equity shares to a identified group of 60 persons on 1st January 2025. Money was collected through demand drafts from all offerees into a separate bank account in Scheduled Bank. VLL allotted the shares on 1st March 2025 (60 days from receipt). However, VLL failed to file the Return of Allotment in Form PAS-3 with the Registrar of Companies (ROC) within the prescribed time limit, filing it only on 15th April 2025.

1 / 4
Regarding the second tranche of securities issued under the Shelf Prospectus after the material financial change, what was VLL legally required to do under Section 31 of the Companies Act, 2013?
Report this question
What is wrong? Anything else (optional)
2 / 4
If VLL had failed to allot the private placement shares within 60 days from the date of receipt of application money, by when was it required to repay the money to avoid paying interest under Section 42?
Report this question
What is wrong? Anything else (optional)
3 / 4
What is the legal consequence under Section 42 of the Companies Act, 2013 for VLL's delay in filing the Return of Allotment (Form PAS-3) beyond the prescribed timeframe for private placement?
Report this question
What is wrong? Anything else (optional)
4 / 4
Assume VLL's private placement offer was made to 60 persons in a financial year. Does this violation convert the private placement into a public offer under Section 42?
Report this question
What is wrong? Anything else (optional)

Practise the whole paper

Topics in this chapterइस chapter के topics

Opened means you opened the lesson page. It does not mean you watched or understood it.Opened का मतलब है कि आपने lesson का page खोला। इसका मतलब यह नहीं कि आपने उसे देखा या समझा।

Next topicअगला topic

Shelf and red herring prospectus

Next topic View topics

Back to the paperpaper पर वापस जाएँ

Pick another chapter or topic from the paper.paper में से कोई और chapter या topic चुनें।

Go to paper overview View chapters Previous topic: Registered office and name

Source of this chapterयह chapter कहाँ से लिया गया

ICAI, New Scheme of Education and Training. Chapter headings are the authority's; topic lines are YUNOVA's reading order.

Report an issue with this video

YUNOVA organises freely available YouTube lessons. We do not own these videos or their content.YUNOVA, YouTube पर free मिलने वाले lessons को क्रम में रखता है। ये videos और उनकी सामग्री हमारी नहीं हैं।