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प्रश्न
Explain the following term/concept.
Prospectus
उत्तर
(1) Prospectus refers to any document, statement, notice, circular or advertisement, issued by the company to invite the public to purchase its shares or debentures or to deposit money with it. In other words, a prospectus is a document issued by public company publishing the highlights and business prospects of the company and thereby wishing to sell newly issued shares or debentures to the public.
(2) It should satisfy two conditions, viz.
(a) It Invites subscriptions for shares or debentures invites deposits
(b) This invitation is made to the public at large. A private need not me a prospectus With the Registrar.
(c) Every person connected with the issue of the prospectus is liable for misstatement in the prospectus. Such liability may be a civil and/or criminal liability.
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संबंधित प्रश्न
Answer in one sentence.
When is Abridged Prospectus issued?
Explain the following term/concept.
Misstatement in 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?
