Books > Old Books > Poetry Northwest (1959)


Page 55

CHAPTER 6
THE PROSPECTUS

If the statement in lieu of prospectus contains an untrue statement, the directors and others who authorised its delivery are criminally liable as in the case of a prospectus (s. 48 (5)).
If shares are allotted without any statement in lieu of prospectus having been filed, the allotment is voidable at the instance of the applicant for shares within one month after the holding of the statutorv meeting (s. 49).
A director who knowingly contravenes the provisions set out above is liable to pay compensation to any allottee, and to the company for any loss they have sustained (s. 49). Any action for compensation under this section must be brought within two years of the date of the allotment.
If the statement in lieu of prospectus contains false particulars, and an applicant for shares inspects it and relies upon those false statements, he will be entitled to rescind his contract. (26) He may also have a remedy against the directors for fraud but not for compensation under s. 43.

26 In re Blair Open Hearth Furnace Co., Ltd., [1914] 1 Ch. 390.

travel books:
where is HTML where is HEAD where is TITLE If what is statement in lieu of prospectus contains an untrue statement, what is directors and others who authorised its delivery are criminally liable as in what is case of a prospectus (s. 48 (5)). If shares are allotted without any statement in lieu of prospectus having been filed, what is allotment is voidable at what is instance of what is applicant for shares within one month after what is holding of what is statutorv meeting (s. 49). A director who knowingly contravenes what is provisions set out above is liable to pay compensation to any allottee, and to what is company for any loss they have sustained (s. 49). Any action for compensation under this section must be brought within two years of what is date of what is allotment. If what is statement in lieu of prospectus contains false particulars, and an applicant for shares inspects it and relies upon those false statements, he will be entitled to rescind his contract. (26) He may also have a remedy against what is directors for fraud but not for compensation under s. 43. 26 In re Blair Open Hearth Furnace Co., Ltd., [1914] 1 Ch. 390. 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 55 where is strong CHAPTER 6 what is PROSPECTUS where is p align="justify" If what is statement in lieu of prospectus contains an untrue statement, what is directors and others who authorised its delivery are criminally liable as in what is case of a prospectus (s. 48 (5)). If shares are allotted without any statement in lieu of prospectus having been filed, what is allotment is voidable at what is instance of what is applicant for shares within one month after what is holding of what is statutorv meeting (s. 49). A director who knowingly contravenes what is provisions set out above is liable to pay compensation to any allottee, and to what is company for any loss they have sustained (s. 49). Any action for compensation under this section must be brought within two years of what is date of what is allotment. If what is statement in lieu of prospectus contains false particulars, and an applicant for shares inspects it and relies upon those false statements, he will be entitled to rescind his contract. (26) He may also have a remedy against what is directors for fraud but not for compensation under s. 43. 26 In re Blair Open Hearth Furnace Co., Ltd., [1914] 1 Ch. 390. where is Server.Execute("_SiteMap.asp") %

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