Explain the following concept: Abridged Prospectus
Explain the following concept:
Abridged Prospectus
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- Abridged Prospectus contains the main contents of a prospectus in brief.
- It is attached with the application form issued by the company while offering securities.
- The abridged prospectus is issued only in case of a public offer made by a company.
- It contains all the salient features of a prospectus.
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