As per Section 26(9) of Companies Act 2013, what is the amount of fine in case the prospectus is issued in contravention of the section related to matters to be stated in the prospectus?
Section 26 – Matters to be stated in prospectus. (1) Every prospectus issued by or on behalf of a public company either with reference to its formation or subsequently, or by or on behalf of any person who is or has been engaged or interested in the formation of a public company, shall be dated and signed and shall— · state such information and set out such reports on financial information as may be specified by SEBI in consultation with the Central Government: · Provided that until SEBI specifies the information and reports on financial information under this sub-section, the regulations made by SEBI under SEBI Act, 1992, in respect of such financial information or reports on financial information shall apply. (9 If a prospectus is issued in contravention of the provisions of this section, the company shall be punishable with fine which shall not be less than fifty thousand rupees but which may extend to three lakh rupees and every person who is knowingly a party to the issue of such prospectus shall be punishable with fine which shall not be less than fifty thousand rupees but which may extend to three lakh rupees
What is rancidity?
In a certain code language, 'BRINJAL' is written as 'RBINLJA'. How will 'TRANCES' be written in that code language?
Find the mismatched pair amongst the following :
Regional Rural Banks (RRBs) in India were established by the Government of India, under the provisions of RRBs Act, _____.
In which year was Sawai Ram Singh founded the Rajasthan School of Arts?
Which of the following is NOT a Fundamental Duty in the Indian Constitution?
The resolution for removal of Vice President of India should be moved in:
Which of the following is incorrectly matched in the context of “Province and Its Founder”?
Marmagao Port is in which of the following states?
The Mallinath Cattle fair, Tilwara is organized in the month of -