Section - 30, Companies Act, 2013 Advertisement of prospectus. 30. Where an advertisement of any prospectus of a company is published in any manner, it shall be necessary to specify therein the contents of its memorandum as regards the objects, the liability of members and the amount of share capital of the company, and the names…...
Shelf prospectus. Section – 31, Companies Act, 2013
Section - 31, Companies Act, 2013 Shelf prospectus. 31. (1) Any class or classes of companies, as the Securities and Exchange Board may provide by regulations in this behalf, may file a shelf prospectus with the Registrar at the stage of the first offer of securities included therein which shall indicate a period not exceeding one…...
Advertisement of prospectus. Section – 30, Companies Act, 2013
Section - 30, Companies Act, 2013 Advertisement of prospectus. 30. Where an advertisement of any prospectus of a company is published in any manner, it shall be necessary to specify therein the contents of its memorandum as regards the objects, the liability of members and the amount of share capital of the company, and the names…...
Public offer of securities to be in dematerialised form. Section – 29, Companies Act, 2013
Section - 29, Companies Act, 2013 Public offer of securities to be in dematerialised form. 29. (1) Notwithstanding anything contained in any other provisions of this Act,— (a) every company making public offer; and (b) such other class or classes of companies as may be prescribed, shall issue the securities only in dematerialised form by complying with…...
Variation in terms of contract or objects in prospectus. Section – 27, Companies Act, 2013
Section - 27, Companies Act, 2013 Variation in terms of contract or objects in prospectus. 27. (1) A company shall not, at any time, vary the terms of a contract referred to in the prospectus or objects for which the prospectus was issued, except subject to the approval of, or except subject to an authority given…...
Matters to be stated in prospectus. Section – 26, Companies Act, 2013
Section - 26, Companies Act, 2013 Matters to be stated in prospectus. 26. (1) Every prospectus issued by or on behalf of a public company either with reference to its formation or subsequently, or by or on behalf of any person who is or has been engaged or interested in the formation of a public company,…...
Document containing offer of securities for sale to be deemed prospectus.Section – 25, Companies Act, 2013
Section - 25, Companies Act, 2013 Document containing offer of securities for sale to be deemed prospectus. 25. (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…...
Power of Securities and Exchange Board to regulate issue and transfer of securities, etc.Section – 24, Companies Act, 2013
Section - 24, Companies Act, 2013 Power of Securities and Exchange Board to regulate issue and transfer of securities, etc. 24. (1) The provisions contained in this Chapter, Chapter IV and in shall,— (a) in so far as they relate to— (i) issue and transfer of securities; and (ii) non-payment of dividend, by listed companies or…...
Public offer and private placement. Section – 23, Companies Act, 2013
Section - 23, Companies Act, 2013 CHAPTER III PROSPECTUS AND ALLOTMENT OF SECURITIES PART I PUBLIC OFFER Public offer and private placement. 23. (1) A public company may issue securities— (a) to public through prospectus (herein referred to as "public offer") by complying with the provisions of this Part; or (b) through private placement by complying…...
Execution of bills of exchange, etc. Section – 22, Companies Act, 2013
Section - 22, Companies Act, 2013 Execution of bills of exchange, etc. 22. (1) A bill of exchange, hundi or promissory note shall be deemed to have been made, accepted, drawn or endorsed on behalf of a company if made, accepted, drawn, or endorsed in the name of, or on behalf of or on account of,…...