Start learning 50% faster. Sign in now
Section 25.Document containing offer of securities for sale to be deemed prospectus: (1) Where a company allots or agrees to allot any securities of the company with a view to all or any of those securities being offered for sale to the public, any document by which the offer for sale to the public is made shall, for all purposes, be deemed to be a prospectus issued by the company; and all enactments and rules of law as to the contents of prospectus and as to liability in respect of mis-statements, in and omissions from, prospectus, or otherwise relating to prospectus, shall apply with the modifications specified in sub-sections (3) and (4) and shall have effect accordingly, as if the securities had been offered to the public for subscription and as if persons accepting the offer in respect of any securities were subscribers for those securities, but without prejudice to the liability, if any, of the persons by whom the offer is made in respect of mis-statements contained in the document or otherwise in respect thereof.
What is the primary objective of the GREAT scheme, which is expected to have a positive impact on the banking industry's textile sector portfolio?
What is the name of the campaign launched by the Reserve Bank of India to settle the unclaimed deposits of every bank in every district of the country w...
Securities and Exchange Board of India canceled the recognition certificate granted to which one of the seven registered credit rating agencies (CRAs) i...
Which clothing brand collaborated with the National Basketball Association (NBA) to launch and operate NBAStore.in in India?
In the latest BrandZ India report by insights and consulting firm Kantar shows, __________and __________have been named as the "most purposeful" brands ...
Dr. Yashpal Singh, an Eklavya Model Residential School teacher, was honored with which prestigious award in 2023?
4th edition of joint training exercise Al NAJAH is going to take place between India and which Country?
Reliance Industries Ltd (RIL) has announced the acquisition of a controlling stake of __________% in Mandarin Oriental New York, a premium luxury hotel ...
Recently National Skill Development Corporation (NSDC) signed a MoU with which automobile company to train 18,000 students in three years?