Shelf Prospectus section 31, Red herring prospectus section 32. Oral Invitation is not a prospectus. Information memorandum+ shelf prospectus =Prospectus. Untrue statement in the prospectus will result in imprisonment of 10 years A company proposing to issue red herring prospectus Read More …
Important Points on the Basics of Company Law Part-1
Section 4 of the companies Act, 2013 seek to provide for the requirement with respect to the memorandum of a company. There are 7 clauses in the memorandum of Association. name clause, registered office or business location clause, objective or Read More …