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Sus Professional University Unit 11: Prospectus, Shares and Share Capital

Unit 11: Prospectus, Shares and Share Capital Notes

CONTENTS
Objectives
Introduction

11.1 Prospectus
11.1.1 Steps which are Necessary before the Issue of Prospectus
11.1.2 Underwriting

11.1.3 Brokerage Contracts
11.1.4 Listing of the Shares on a Stock Exchange
11.1.5 Structure of Share Capital
11.1.6 Time of Floatation
11.1.7 Definition of a Prospectus

11.1.8 Small Depositors (S.58AA)
11.1.9 Contents of a Prospectus
11.1.10 SEBI Guidelines Relating to Disclosure on Prospectus

11.1.11 Abridged Form of Prospectus
11.1.12 Draft Prospectus to be made Public
11.1.13 The Expert’s Consent to the Issue of Prospectus
11.1.14 Registration of the Prospectus (s.60)
11.1.15 Prospectus by Implication

11.1.16 Self Prospectus and Information Memorandum (Ss.60A and 60B)
11.1.17 Information Memorandum
11.1.18 Statement in Lieu of Prospectus (S.70)

11.2 Liability Concerning Prospectus
11.2.1 Liability for Untrue Statements in the Prospectus (Ss.62-63)
11.2.2 Civil Liability (S.62)
11.2.3 Criminal Liability for Misstatement in Prospectus (S.63)
11.2.4 Golden Rule for Framing of Prospectus

11.3 Share and Share Capital
11.3.1 Share vs Share Certificate
11.3.2 Share vs Stock

11.3.3 Classes of Shares
11.3.4 Preference Share
11.3.5 Equity Share
Contd...

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