Question

Who among the following is authorized to issue regulations regarding shelf prospectus?

• A. SEBI
• B. Central Government
• C. Company Law Board
• D. National Company Law Tribunal

Hint:

Shelf prospectus rules are framed and regulated by SEBI under the Companies Act.

Answer 1

The Correct Option is A

Step 1: Shelf prospectus meaning.
A shelf prospectus allows a company to issue securities in one or more tranches without filing a fresh prospectus each time.
Step 2: Authority.
The Securities and Exchange Board of India (SEBI) is empowered to regulate matters relating to shelf prospectus.
Step 3: Conclusion.
Therefore, option (a) SEBI is correct.