valid as on 20/10/2019

Section 30.Advertisement of prospectus.
Effective from 12-09-2013

Where an advertisement of any  of a is published in any manner, it shall be necessary to specify therein the contents of its memorandum as regards the objects, the liability of  and the amount of capital of the company, and the names of the signatories to the  and the number of shares subscribed for by them, and its capital structure.

2(70) Prospectus means any document described or issued as a prospectus and includes a red herring prospectus referred to in section 32 or shelf prospectus referred to in section 31 or any notice, circular, advertisement or other document inviting offers from the public for the subscription or purchase of any securities of a body corporate
Company means a company incorporated under this Act or under any previous company law
2(55) Member, in relation to a company, means—

(i) the subscriber to the memorandum of the company who shall be deemed to have agreed to become member of the company, and on its registration, shall be entered as member in its register of members;

(ii) every other person who agrees in writing to become a member of the company and whose name is entered in the register of members of the company;

(iii) every person holding shares of the company and whose name is entered as a beneficial owner in the records of a depository

2(84) Share means a share in the share capital of a company and includes stock
2(56) Memorandum means the memorandum of association of a company as originally framed or as altered from time to time in pursuance of any previous company law or of this Act

Enforcement notification S.O.2754 (E) dated 12/09/2013


CAIRR PLUS on Google Playsecretarial automation?Subscribe for Updates