Registration of prospectus, Business Law and Ethics

Registration of Prospectus:

 S.43 (1) provides that no prospectus shall be issued by or on behalf of a company unless, on or before the date of its publication, there has been delivered to just registrar for registration a copy thereof signed by every person who is named therein as a director or proposed director of the company, or by his agent authorised in writing and having endorsed thereon or attached thereto-

a) an expert's consent to its issue (if the prospectus contains a statement by him), and

b) a copy or memorandum of every "material contract" and a written statement signed by the named accountants or auditors indicating any adjustments to their report and the reasons for the adjustments (if the prospectus was issued generally.)

Posted Date: 1/12/2013 3:07:41 AM | Location : United States

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