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प्रश्न
Explain the following term/concept.
Misstatement in Prospectus
उत्तर
Misstatement means and includes a false statement, irrelevant statement, or omission to disclose relevant statements. Prospectus constitutes the basis of the company’s contract between the company and the shareholders. Hence. it should contain true and correct information. There should be a full and honest disclosure of all essential facts. A prospectus that contains false. misleading, ambiguous, or fraudulent statement of material facts, or which suppresses material facts. is considered to be a misleading prospectus.
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संबंधित प्रश्न
Answer in one sentence.
When is Abridged Prospectus issued?
Explain the following term/concept.
Prospectus
Explain the following term/concept.
Abridged Prospectus
Explain the following term/concept.
Shelf Prospectus
Explain the following term/concept.
Red Herring Prospectus
Answer in brief:
State the statutory requirements in relation to Prospectus.
Justify the following statement.
The prospectus is an important document issued by a public company.
Justify the following statement.
Company and officers responsible for issuing Prospectus are liable for misstatements in Prospectus.
Answer the following question:
fine Prospectus. Explain its contents.
What is meant by Prospectus?
