Question

Pursuant to Section 35 of the Companies Act, 2013, which of the following persons shall be held liable to pay compensation to every person who has sustained loss or damage by reason of any misleading statement included in the prospectus?

A Every person who is a director of the company at the time of the issue.
B Every person who has authorised himself to be named as a director in the prospectus.
C A promoter of the company and every person who has authorised the issue of the prospectus.
D All of the above.
E None of the above.
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