Start learning 50% faster. Sign in now
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.
Two cars start from a place with a speed of 60 km/hr at an interval of 15 minutes. What is the speed of a man coming from the opposite direction towards...
Two trains of same length are running in parallel tracks in the same direction with speed 60 km/hr and 90 km/hr respectively. The latter completely cros...
A train 450 metre long takes 60 sec to cross a man running at a speed of 7 km/hr in the direction opposite to that of train. What is the speed of the tr...
A train 300 metre long takes 30 sec to cross a man running at a speed of 6 km/hr in the direction opposite to that of train. What is the speed of the tr...
Shatabdi express leaves Delhi Junction at a certain time. After 5 hours, Garib Rath leaves the same station and travels in the same direction at a speed...
Two trains approach each other at 21 kmph and 24 kmph from 2 places 270 km apart. After how many hours they will meet?
Train P travelling at 58 km/hr crosses another train Q, having three fourth of its length and travelling in opposite direction at 32 km/hr in 14 seconds...
Calculate the speed of a train in meters per second if it covers a distance of 20 kilometers in 12 minutes.
Two trains approach each other at 20 kmph and 25 kmph from 2 places 225 km apart. After how many hours they will meet?
A train crosses a 250-metre-long platform in 18 seconds, and a tunnel 60% longer than the platform in 27 seconds. Find the speed of train in km/h.