8. Which of the following statement is contrary to the provisions of the Companies Act, 2013? (a) A private company can make a private placement of its securities. (b) The company has to pass a special resolution for private placement. (c) Minimum offer per person should have Market Value of 20,000. (d) A public company can make a private placement of its securities. 9. A shelf prospectus filed with the ROC shall remain valid for a period of: (a) one year from the date of registration (b) one year from the date of closing of first issue (c) one year from the date of opening of first issue (d) Ninety days from the date on which a copy was delivered to ROC 10. Shripad Religious Publishers Limited has received application money of 20,00,000 (2,00,000 equity shares of 10 each) on 10th October, 2019 from the applicants who applied for allotment of shares in response to a private placement offer of securities made by the company to them. Select the latest date by which the company must allot the shares against the application money so received. (a) 9th November, 2019 (b) 24: November, 2019 (c) 9th December, 2019. (d) 8th January, 2020 11. Being in need of further capital, Rimsi Cotton-Silk Products Limited offered 50 lacs equity shares of 1 each to 50 identified persons on 'private placement' basis and accordingly a letter of offer accompanied by application the necessary form was sent to them after fulfillment of due formalities including passing of special resolution. One of the applicants Rajan made a written complaint to the company highlighting the fact that the offer letter was incomplete as well as illegal, as it did not contain 'renunciation clause' as he wanted to exercise his 'right of renunciation' in favour of his son Uday. By choosing the correct option, advise the company in this matter. (a) As the 'Right of Renunciation' cannot be denied, the company needs to rectify its mistake by including the same in the offer letter and the application form. (b) The company is prohibited from providing 'Right of Renunciation' so the offer letter and the application form need not include any such clause. (c) Instead of absolute prohibition, the company can provide 'Right of Renunciation' limited to twenty five percent of offering. (d) Instead of absolute prohibition, the company can provide 'Right of Renunciation' limited to fifty percent of offering