Advertisement of Prospectus (Section 30) — Mandatory Disclosures
· Chapter
Prospectus and Allotment of Securities (Companies Act, 2013)
7 microlessons in this chapter
Read each in 5 minutes. Each has worked examples + the bare-Act text for reference.
All lessons
1
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2
Civil Liability for Misstatements in Prospectus (Section 35) — Persons Liable, Defraud Rule, Exemptions
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3
Criminal Liability for Misstatements in Prospectus (Section 34) read with Penalty for Fraud (Section 447)
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4
Offer of Sale of Shares by Certain Members of Company (Section 28) — Deemed Prospectus by OFS
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5
Public Offer of Securities to be in Dematerialised Form (Section 29) and Rule 9A for Unlisted Public Companies
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6
Punishment for Fraudulently Inducing Persons to Invest Money (Section 36) — and Meaning of Fraud / Wrongful Gain / Wrongful Loss
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7
Remedies against the Company for Misrepresentation in Prospectus — Rescission, Damages, Limits
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