SPCC 1 Marks Each

"Any document issued by the company inviting the public to purchase its shares or debentures or other securities which is presented or issued as an advertisement in which notice, circular, Advertising or other types of documents. "

The responsibility of preparing the advertisement is entrusted to the committee.

Allocation of payment in private appointment has to be done within 60 days.

The money received in private appointment is kept in a separate account in Schedule Bank.

The company raises capital from the public in the form of shares or other securities.

The date written in the advertisement is the date of publication of the advertisement.

The driving force of business is capital.

The contribution of the founders is mentioned in the advertisement.

In a private appointment if the payment is not allotted within 60 days the money is refunded within the next 15 days.

Advertisement can be issued within 90 days after registration.

The investor decides to invest based on the company's advertisement.

The provision of minimum Subscription has been made in Companies Act to protect the interest of investors.

The secretary has to get the prospectus printed and to send a copy thereof to the Registrar of Companies for registration after preparation and approval of the prospectus by the Board of Directors in a meeting.

The secretary has to send a copy of the prospectus to the Directors whose names are mentioned in the prospectus.

The amount received with share application is to be deposited in a separate account of a scheduled bank.

A secretary has to call meeting of Board of Directors after preparation of the draft of prospectus for obtaining its approval and to provide all information about the provisions of the Companies Act.

Mini prospectus is to be attached to the application form of securities purchase of a company.

Prospectus presents the true financial situation of a company through it investor get the idea of the reality of company.

(j) Prospectus should be in the nature of notice, circular or public advertisement.
(ii) Prospectus should be in written form.

There are : (i) Red herring prospectus and (ii) Shelf prospectus.

In private placement if the allotment of subscription is not done within 60 days then the applicant should be refunded the amount within 15 days.

Prospectus can be published within 90 days from the date of its registration.

Prospectus means a public document giving invitation to the public at large to purchase the securities of a company.

The liability to prepare prospectus is entrusted to the committee or the solicitor.

The allotment of subscription has to be done in 60 days in private placement.

The money obtained in the private placement is to be kept in a separate account in a Schedule bank.

company gathers capital from public in the form of shares, debentures or other securities.

The date written in the prospectus will be considered as the date of publication of prospectus.

Capital is the driving force of a business.

The contribution of the promoters is mentioned in the details given in the prospectus.

The investors decides to invest in the company Oii the basis of prospectus.

The allotment of shares in a company can take place only after the minimum load has been paid.

An advertisement is an important document inviting the public to invest in shares or debentures in a company, including Company officials are responsible for misrepresentations, fraudulent announcements or exaggerated statements.

It is necessary to attach a short advertisement form with the application form to purchase the securities of the company.