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Prospectus — SPCC STD 11 Commerce — Question

Gujarat BoardEnglish MediumSTD 11 CommerceSPCCProspectus3 Marks
Question
What is called civil liabilities in relation to the prospectus?
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Answer

If a person has made any kind of investment in the company by misleading from the advertisement issued by the company and as a result he incurs loss or loss, he can take civil action against the company for compensation and the company is bound to compensate him. This is called liability.

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