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prospectus
Corporate & Other Laws
wht sec 26 says about, pls explain the marked line i understood a,b i didn't understand i ii
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In case of offer for sale to the public, this is an additional disclosure that should be put in the prospectus. 1. With respect to those security which are being offered for sale to the public, the detail of net consideration received or to be received by the company regarding those security must be disclosed. 2. As The security is being offered to public, there will be a contract applicable for every person who will be subscribing to the security. If such invested wants to look at this contract then at what time and place the contract will be available, must also me mentioned in prospectus.
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