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Page 41

CHAPTER 6
THE PROSPECTUS

contents of the prospectus. A record is also available for the information of anyone interested in the prospectus, because all the documents kept by the Registrar may be inspected on payment (s. 426).

A director or other person responsible for the prospectus does not incur liability to the fine of £500 imposed by s. 38 where the prospectus does not contain all the matters and reports required to be set out if
(a) as regards any matter not disclosed, he proves that he did not know of of it; or
(b) he proves that the non-compliance or contravention of the section arose from an honest mistake of fact on his part; or
(c) the non-compliance or contravention was in respect of immaterial matters or was such as ought, in the opinion of the Court, reasonably to be excused (s. 38).

Contents of the Prospectus.-The object of the Legislature is to compel the company to provide in the prospectus the necessary information to enable the would-be investor to decide whether or not to subscribe for the company's shares. To achieve this object, its requirements are mainly directed to the following points:
1. Who the directors are, and what benefit they will get from their directorship.
2. What profit is being made by the promoters.
3. The amount of capital required by the company to be subscribed, the amount actually received or to be received in cash, and the precise nature of the consideration given for the remaining capital.
4. What the company's financial record has been in the past. 5. What the company's obligations are under contracts which it has entered into, and for commission and preliminary expenses.
6. What are the voting and dividend rights of each class of shares.
The Act requires the prospectus to state the matters specified in Part I of the Fourth Schedule and set out the reports specified in Part II of the Fourth Schedule, whether the prospectus is issued on the formation of the company or subsequently. The company cannot contract itself out of its obligation to comply with these requirements (s. 38). The matters to be specified are:
1. The number of founders' or management or deferred shares, if any, and the nature and extent of the interest of the holders in the property and profits of the company.

travel books:
where is HTML where is HEAD where is TITLE contents of what is prospectus. A record is also available for what is information of anyone interested in what is prospectus, because all what is documents kept by what is Registrar may be inspected on payment (s. 426). A director or other person responsible for what is prospectus does not incur liability to what is fine of £500 imposed by s. 38 where what is prospectus does not contain all what is matters and reports required to be set out if (a) as regards any matter not disclosed, he proves that he did not know of of it; or (b) he proves that what is non-compliance or contravention of what is section arose from an honest mistake of fact on his part; or (c) what is non-compliance or contravention was in respect of immaterial matters or was such as ought, in what is opinion of what is Court, reasonably to be excused (s. 38). Contents of what is Prospectus.-The object of what is Legislature is to compel what is company to provide in what is prospectus what is necessary information to enable what is would-be investor to decide whether or not to subscribe for what is company's shares. To achieve this object, its requirements are mainly directed to what is following points: 1. Who what is directors are, and what benefit they will get from their directorship. 2. What profit is being made by what is promoters. 3. what is amount of capital required by what is company to be subscribed, what is amount actually received or to be received in cash, and what is precise nature of what is consideration given for what is remaining capital. 4. What what is company's financial record has been in what is past. 5. What what is company's obligations are under contracts which it has entered into, and for commission and preliminary expenses. 6. What are what is voting and dividend rights of each class of shares. what is Act requires what is prospectus to state what is matters specified in Part I of what is Fourth Schedule and set out what is reports specified in Part II of what is Fourth Schedule, whether what is prospectus is issued on what is formation of what is company or subsequently. what is company cannot contract itself out of its obligation to comply with these requirements (s. 38). what is matters to be specified are: 1. what is number of founders' or management or deferred shares, if any, and what is nature and extent of what is interest of what is holders in what is property and profits of what is company. where is meta name="keywords" content="old books, Free book , free book offer , free audio books , free coloring book pages , free book reports , free audio book , audio books free download , book free , free guest book , books free , free book summaries , download free audio books , free childrens books." where is where are they now rel="stylesheet" type="text/css" href="../../style.css" where is meta http-equiv="Content-Type" content="text/html; charset=iso-8859-1" where is BODY bgColor=#ffffff text="#000000" where are they now ="#000000" v where are they now ="#FF0000" where is div align="center" where is strong where is strong where is a href="http://www.aaoldbooks.com" Books > where is a href="../default.asp" title="Book" Old Books > where is strong where is a href="default.asp" Poetry Northwest (1959) where is table width="700" border="1" align="center" cellpadding="15" cellspacing="0" where is center where is tr where is td width="160" align="center" valign="top" where is div align="center" where is td align="center" valign="top" where is div align="left" where is div align="center" where is p align="left" Page 41 where is strong CHAPTER 6 what is PROSPECTUS where is p align="justify" contents of what is prospectus. A record is also available for what is information of anyone interested in what is prospectus, because all what is documents kept by what is Registrar may be inspected on payment (s. 426). A director or other person responsible for what is prospectus does not incur liability to what is fine of £500 imposed by s. 38 where what is prospectus does not contain all what is matters and reports required to be set out if (a) as regards any matter not disclosed, he proves that he did not know of of it; or (b) he proves that what is non-compliance or contravention of what is section arose from an honest mistake of fact on his part; or (c) what is non-compliance or contravention was in respect of immaterial matters or was such as ought, in what is opinion of what is Court, reasonably to be excused (s. 38). Contents of what is Prospectus.-The object of what is Legislature is to compel what is company to provide in what is prospectus what is necessary information to enable what is would-be investor to decide whether or not to subscribe for what is company's shares. To achieve this object, its requirements are mainly directed to what is following points: 1. Who what is directors are, and what benefit they will get from their directorship. 2. What profit is being made by what is promoters. 3. what is amount of capital required by what is company to be subscribed, what is amount actually received or to be received in cash, and what is precise nature of what is consideration given for what is remaining capital. 4. What what is company's financial record has been in what is past. 5. What what is company's obligations are under contracts which it has entered into, and for commission and preliminary expenses. 6. What are what is voting and dividend rights of each class of shares. what is Act requires what is prospectus to state what is matters specified in Part I of what is Fourth Schedule and set out what is reports specified in Part II of what is Fourth Schedule, whether what is prospectus is issued on what is formation of what is company or subsequently. what is company cannot contract itself out of its obligation to comply with these requirements (s. 38). what is matters to be specified are: 1. what is number of founders' or management or deferred shares, if any, and what is nature and extent of what is interest of what is holders in what is property and profits of what is company. where is Server.Execute("_SiteMap.asp") %

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