TMI BlogFINANCIAL STRUCTURE AND MEMBERSHIP - II - PROSPECTUSX X X X Extracts X X X X X X X X Extracts X X X X ..... ublic for the subscription or purchase of nay shares in, or debentures of a body corporate" An offer or invitation to subscribe for shares or debentures made to fifty or more persons shall be treated as an offer or invitation made to public. - Section 67(3) Prospectus not required to be issued- Section 56 Where a person is a bona fide invitee to enter into an underwriting agreement with regard ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ectus. Validity of shelf prospectus is one Year Information Memorandum - Section 60B Process undertaken prior to filing of a prospectus by which a demand for the securities proposed to be issued is assessed by means of a notice, circular, advertisement or document. Deemed Prospectus - Offer for sale of existing shares - Section 64 Untrue statement - Section 65 Statement misleading in the for ..... X X X X Extracts X X X X X X X X Extracts X X X X
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