Buy custom A Study On The Legal Implications For Misstatements In The Prospectusin India
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| Topic: |
Business
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| Number of pages / Number of words: |
15 / 4022 |
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Kindersley in New Brunswick & Canada Rly & Land Co. (V Muggeridge, (1860) I Dr. and Sm. 363) in the following words,
“Those who issue prospectus holding out to the public the great advantages which will accrue to persons who will take shares in a proposed undertaking, and inviting them to take shares on the faith of the representations therein contained, are bound to state everything with strict and scrupulous accuracy and not only to abstain from stating as fact that which is not so, but to omit no one fact within their knowledge, the existence of which might in any degree affect the nature of extent and quality of the privileges and advantages which the prospectus holds as inducement to take shares...
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Application for the rescission must be sent within a reasonable time and before the company goes into liquidation.
At the same time, the shareholder will have to surrender to the company the shares allotted to him. Consequently, his name is removed from the Register of members. The money invested is claimed back from the company along with interest...
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General points of the essay
A Study On The Legal Implications For Misstatements In The Prospectusin India
Business Law - shares
Crossland Prospectus
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Sport Pilot School Shares Experiences
Sure Cut Shares
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Prospectus Directive
Would You Buy Ford'S Shares?
The Advantages Of Being Legal
Words are more treacherous and powerful than we think". Evaluate the extent to which the characteristics Sartre claims for words affect - negatively or positively - different Areas of Knowledge.
Microsoft Prospectus
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