https://www.taxtmi.com/acts?id=12342 Section 60A mandates that financing-focused public financial institutions and banks file a shelf prospectus, which obviates filing fresh prospectuses for offers made within its validity. An information memorandum describing material changes is required before subsequent offers and must be filed with the Registrar within the prescribed time; an updated information memorandum filed with each offer, together with the shelf prospectus, constitutes the prospectus. The shelf prospectus is issued at the first offer and remains valid for one year from the opening of that issue. en-us Fri, 06 May 2011 15:38:50 +0530 Sat, 07 May 2011 10:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=12342 Section 60A mandates that financing-focused public financial institutions and banks file a shelf prospectus, which obviates filing fresh prospectuses for offers made within its validity. An information memorandum describing material changes is required before subsequent offers and must be filed with the Registrar within the prescribed time; an updated information memorandum filed with each offer, together with the shelf prospectus, constitutes the prospectus. The shelf prospectus is issued at the first offer and remains valid for one year from the opening of that issue. Act-Rules Companies Law Fri, 06 May 2011 15:38:50 +0530 https://www.taxtmi.com/acts?id=12342