CA Intermediate Corporate and Other Laws - Prospectus and Allotment of Securities MCQ tests

Chapter-wise practice tests for Chapter 3: Prospectus and Allotment of Securities (Sections 23 to 42). Focuses on Private Placement rules under Section 42, Deemed Prospectus, Shelf and Red Herring Prospectus, civil and criminal liabilities for misstatements, and GDRs.

Tests here: 3 tests, 60 questions in all, 20 questions in 11 case scenarios in each test, 50 minutes and 40 marks each, no negative marking. After you submit you see your score, a chapter-wise and difficulty-wise breakdown, and an explanation for every question.

Law and standards used: Companies Act 2013 and relevant Rules, Limited Liability Partnership Act 2008, General Clauses Act 1897, and FEMA 1999 as in the ICAI Study Material for Paper 2 (August 2025 edition, amendments up to 31 July 2025).

Each test contains 20 questions (3 case scenarios plus standalone practical MCQs) totaling 40 marks in 50 minutes, strictly based on ICAI New Scheme case scenario patterns with 2 marks per question and no negative marking.

The questions follow the ICAI Study Material for CA Intermediate Paper 2 Corporate and Other Laws, fully aligned with the Companies Act 2013 and relevant Rules for the May 2027 examination attempt.

Yes. Practice mode gives immediate answers with detailed statutory citations and traps explained after every question. Exam mode simulates strict exam conditions with timer and issues a downloadable performance certificate upon submission.