commission, brokerage and charges for drafting, typing, printing and advertisement of the prospectus; (d) such other items of expenditure (not being expenditure eligible
exercisable- (i) in relation to documents delivered to the Registrar with a prospectus in pursuance of sub-clause (i) of clause (b) of sub-section ... during the fourteen days beginning with the date of publication of the prospectus; and at other times, only with the permission of the Central Government
Companies Act, 1956
65. Interpretation of provisions relating to prospectuses .-
(1) For the purposes of the foregoing provisions of this Part- (a) a statement included ... prospectus shall be deemed to be untrue, if the statement is misleading in the form and context in which it is included; and (b) where
Companies Act, 1956
(22) "issued generally" means, in relation to a prospectus, issued to persons irrespective of their being existing members or debenture holders ... body corporate to which the prospectus relates
this sub-section as may be prescribed. 4. Issuing of advertisement or prospectus.
- [(1) No promoter shall develop any land into a colony or offer ... advertisement or prospects ;] (b) a copy of the advertisement or prospectus is filed in the office of the competent authority before its issue or publication
price of Rs. 27/- each.
Prospectus was published for the purpose of public issue and therein some
false and misleading information had been given with ... civil suit was filed at Vadodara in the year 2003.
In the prospectus issued, it was stated:
"Sr.
No.
Suit
details,
Date of
Filing
Definitions.—
In this Act, unless the context otherwise requires,— (1) “abridged prospectus” means a memorandum containing such salient features of a prospectus ... means a person— (a) who has been named as such in a prospectus or is identified by the company in the annual return referred
enterprise; (ii) the law should provide for the fullest possible disclosure in prospectuses or statements in lieu of prospectuses issued, both before and after ... burden by requiring companies to attach only an abridged form of prospectus to the application form and only an abridged version of balance sheet
debentures to the public for subscription by the issue of a prospectus shall, before such issue, make an application to one or more recognised stock ... Section 8, for sub-Section (1) (w.e.f. 1.2.1975).] Where a prospectus, whether issued generally or not, states that an [application under sub-section
purposes of this definition, be considered as a single member; (14) “Prospectus” means any prospectus, notice, circular, advertisement or other invitation, offering to the public