Related to prospectus
Akshat Varaiya (229 Points)
16 September 2020
What is the penalty for a company an officer in default if a company fails to issue regular prospectus?
1 Replies
vishal vaibhav
(13 Points)
Replied 22 September 2020
Every person who is knowingly a party to the issue of prospectus shall be punishable with imprisonment for a term which may extend to three years or with fine which shall not be less than 50000 rupees but which may extend to 300000 rupees aur with board
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