As per Section 26(9) of Companies Act 2013, what is the amount of fine in case the prospectus is issued in contravention of the section related to matters to be stated in the prospectus?
Section 26 – Matters to be stated in prospectus. (1) Every prospectus issued by or on behalf of a public company either with reference to its formation or subsequently, or by or on behalf of any person who is or has been engaged or interested in the formation of a public company, shall be dated and signed and shall— · state such information and set out such reports on financial information as may be specified by SEBI in consultation with the Central Government: · Provided that until SEBI specifies the information and reports on financial information under this sub-section, the regulations made by SEBI under SEBI Act, 1992, in respect of such financial information or reports on financial information shall apply. (9 If a prospectus is issued in contravention of the provisions of this section, the company shall be punishable with fine which shall not be less than fifty thousand rupees but which may extend to three lakh rupees and every person who is knowingly a party to the issue of such prospectus shall be punishable with fine which shall not be less than fifty thousand rupees but which may extend to three lakh rupees
Which of the following causes of an increase in return on equity is most likely a positive sign for a firm’s equity investors?
According to the income recognition policy, when can interest on advances against Term Deposits, NSCs, KVPs, and life insurance policies be taken to the...
The Risk of prepayments of loans and bonds and or premature withdrawal of deposits is called ________
Given that the money discount rate is 19% and Inflation is 12%, what will be the real rate of interest?
What is the role of Depository Participants (DPs) in the Indian capital market?
Which of the following Investment Banks were allowed to fail during global financial crisis of 2007-09?
As per the guidelines of RBI, what is the risk weight for the housing loans with LTV Ratio (Loan to Value Ratio) lesser than 80%
Who among the following can issue Certificate of Deposits to raise short term resources?
What is the significance of the T+2 settlement cycle in the Indian capital market?
Which organisation has the authority to whitelist the Digital Lending Apps?