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format of statement in lieu of prospectus

sruti gupta (Management Trainee) (103 Points)

08 April 2011

what is the format of statement in lieu of prospectus for a public company having share capital which is not going for public subscripttion..??

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CA Sandeep Kumar (Audit Assistant) (804 Points)
Replied 08 April 2011

Hi Sruti, could not attach the same here. But is given in schedule III to companies act. SOURCE https://www.mca.gov.in/Ministry/actsbills/pdf/Companies_Act_1956_Part_2.pdf SCHEDULE III (See section 70) Form of Statement in lieu of Prospectus to be delivered to Registrar by a company which does not issue a Prospectus or which does not go to allotment on a Prospectusissued, and reports to be set out therein PART I Form of Statement and particulars to be contained therein The Companies Act, 1956