Matters and reports, Business Law and Ethics

Assignment Help:

Matters and Reports:

The matters and reports to be stated in a prospectus may be summarised as follows:

1.      The Matters

The matters to be stated in a prospectus are:

i)                    Directors' and Auditors of the company

a) Directors' names, addresses and occupations.

b) Directors' qualification shares, if any, and their remuneration (if there is a provision in the    articles).

c) Directors' interest in the company's promotion.

d) Auditors' names and postal addresses.

      ii)              Formation expenses

a) Preliminary expenses.

b) Promoters' remuneration.

c) Particulars of options on shares or debentures.

d) Underwriting commission and brokerage.

       iii)        Investor information

a) The minimum subscription.

b) The time of the opening of the subscription lists.

c) Amount payable on application and allotment.

d) Voting and class rights

e) Deferred shares.

         iv)      Company's property and business

a) Particulars of shares and debentures issued otherwise than for cash.

b) Particulars of material contracts.

c) Vendors of property to the company.

d) Amount paid for property to be bought by the company, stating the amount paid for goodwill.

e) Length of time the business has been carried on, if less than three years.


Related Discussions:- Matters and reports

Counselling psychology , Hypothetical case example: Allison is an 18 ye...

Hypothetical case example: Allison is an 18 year old female student is the first year of an undergraduate university degree. She shares a double room in the university dorm wit

Name the hallmark events in the evolution of nuclear law, Some of the hallm...

Some of the hallmark events in the evolution of nuclear law are: a.   1945 - The United States tested its first nuclear bomb. b.   1945 - Hiroshima and Nagasaki were attacke

planned parenthood v. casey opinion, Common law systems such as that in th...

Common law systems such as that in the United States rely on prior decisions as a principal source for determining cases as they arise. a) What are the five ways that precedents

State the third approach to antitrust agency, State the third approach to a...

State the third approach to antitrust agency A third approach to antitrust agency interaction is the bilateral cooperation and coordination theory. This model for how an agency

Advantages of stare decisis - aptitude for growth, Advantages of Stare Deci...

Advantages of Stare Decisis - Aptitude for growth However process of 'distinguishing' cases facilitates the growth of detailed legal principles to deal by different factua

Public law and private law, Public Law: Whether it contain of those fi...

Public Law: Whether it contain of those fields or branches of law  where such the state has an interest as the sovereign egg criminal law, administrative law, constitutional l

State article 2 of universal declaration of human rights, State Article 2 o...

State Article 2 of Universal Declaration of Human Rights Article 2: 'Everyone is  entitled  to  the rights and freedoms set  forth in  this Declaration...' - This clause iden

Safety and health officer in an organization, QUESTION 1 What are the d...

QUESTION 1 What are the duties of an Occupational, Safety and Health officer in an organization? QUESTION 2 Section 47 (1) of the Occupational, Safety and Health Act st

Who are the persons to whom administrative law apply, Question 1: Trace...

Question 1: Trace the development of administrative law in the English legal system from its questioned beginning to the present day. What recognition is it being given today i

Question if business law, I am  Lauren Garcia, I have an order my assignmen...

I am  Lauren Garcia, I have an order my assignment, please answer me back here Describe what parts of business law are involved in the following scenario. What issues are invo

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd