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Section 25.Document containing offer of securities for sale to be deemed prospectus: (1) Where a company allots or agrees to allot any securities of the company with a view to all or any of those securities being offered for sale to the public, any document by which the offer for sale to the public is made shall, for all purposes, be deemed to be a prospectus issued by the company; and all enactments and rules of law as to the contents of prospectus and as to liability in respect of mis-statements, in and omissions from, prospectus, or otherwise relating to prospectus, shall apply with the modifications specified in sub-sections (3) and (4) and shall have effect accordingly, as if the securities had been offered to the public for subscription and as if persons accepting the offer in respect of any securities were subscribers for those securities, but without prejudice to the liability, if any, of the persons by whom the offer is made in respect of mis-statements contained in the document or otherwise in respect thereof.
Which institution in India is responsible for the conduct of monetary policy and regulation of the money supply in the economy?
If the company earned revenue from operations of Rs.18 lakh, what is the trade receivables turnover ratio of the company?
A security is a freely marketable and the investor has an intention to hold it for dividend income purposes for a period of 15 months only. Under whi...
Calculate sales to earn a profit of Rs. 150,000, if fixed cost = Rs. 3,00,000 and P/V ratio is 20%:
The term ‘ Previous year’ is defined under which section of Income Tax Act?
The term ‘Previous year’ is defined under which section of Income Tax Act?
The UTGST Act, 2017 is applicable to Union-Territories except:
Following information has been provided by a contractor for the year ending 31-3-2020.
(a) Total expenditure till 31-3-2020 is Rs. 5,000.
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An interface that communicates with other tiers in a three-tier architecture structure is known as ________.
Calculate the average age of inventory(Assume 360 days in a year):