Section 35.Civil liability for mis-statements in prospectus: (1) Where a person has subscribed for securities of a company acting on any statement included, or the inclusion or omission of any matter, in the prospectus which is misleading and has sustained any loss or damage as a consequence thereof, the company and every person who— (a) is a director of the company at the time of the issue of the prospectus; (b) has authorised himself to be named and is named in the prospectus as a director of the company, or has agreed to become such director, either immediately or after an interval of time; (c) is a promoter of the company; (d) has authorised the issue of the prospectus; and (e) is an expert referred to in sub-section (5) of section 26,shall, without prejudice to any punishment to which any person may be liable under section 36, be liable to pay compensation to every person who has sustained such loss or damage.
Other reforms give some _________ to those seeking to reduce animal suffering.
Fill in the blanks with suitable articles from among the choices given below them:
It was truly _______ memorable party.
An educated society is a more peaceful and ________ one, in which people are less likely to ______ arms and more likely to participate in democratic pro...
While hiking the mountains of Nepal, a British Hiker irked a tea seller by bargaining for what she thought was steeply priced tea. At 150 Nepalese Rupee...
Private sector lenders have also been found guilty of pushing troubled assets under the __________ until the RBI called _______ bluff.
1) appears
2) makes
3) deals
4) does
5) none of these
He….us all for a ride by posing as a customs official.
Select the most appropriate option to fill in the blank.
The angles are equal, consequently the sides are _____________.
The housewife _______ the cakes were burning, and ran to switch off the oven.
The small village of Palampet is ________ with the conversation of UNESCO World Heritage Tag.