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What is meant by Abridged Prospectus? Under what circumstances an abridged prospectus need not accompany the detailed information regarding the prospectus along with the

What is meant by "Abridged Prospectus"? Under what circumstances an abridged prospectus need not accompany the detailed information regarding the prospectus along with the application form? What are the penalties in case of default in complying with the provisions related to the issue of an abridged prospectus?

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