Requirements as to the issue of Prospectus under companies act 2013 cs notes
Advertisement of prospectus – Section 30 of the Companies Act, 2013 seeks to provide for an advertisement of any prospectus of a company to be published.
Section provides that where an advertisement of any prospectus of a company is published, it shall 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 of the signatories to the memorandum and the number of shares subscribed for by them, and
- its capital structure.