ABC Limited proposes to issue a series of debentures frequently within one year to raise the...

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ABC Limited proposes to issue a series of debentures frequently within one year to raise the funds without undergoing the complicated exercise of issuing the prospectus every time issuing a new series of debentures. Examine the feasibility of the proposal of ABC Limited having taken into account the concept of deemed prospectus dealt with under the provisions of the Companies Act, 2013 ABC Limited proposes to issue a series of debentures frequently within one year to raise the funds without undergoing the complicated exercise of issuing the prospectus every time issuing a new series of debentures. Examine the feasibility of the proposal of ABC Limited having taken into account the concept of deemed prospectus dealt with under the provisions of the Companies Act, 2013