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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.
It is invariably life in the fast pane for aircraft fitted with this engine, often used for troop transport or medevacking operations.
"At first, the proposal seemed unrealistic, but it turned out to be a blessing in disguise ."
Select the most appropriate meaning of the bold idiom in the given sentence.
In spite of her severe accident she took heart and moved forwar...
In the given question, a phrase/ idiom has been given and there are three ways in which the word has been used, in similar or different forms. You need...
Find the correct meaning of highlighted word/phrase.
His father advised him to be fair and square in his dealings lest he should fall into tr...
Select the most appropriate meaning of the bold idiom.
After the argument, they decided to bury the hatchet.
Directions: In the given questions, a statement with a blank is given. Fill the blank with the most suitable idiom/phrase to make the statement meaning...
keep your head above water