0
Contents of prospectus orstatement in lieu of prospectus           Prepared By:           Usman-ud-Din            AD 513464
For obtaining certificate to   commence business : -• A prospectus of a statement in lieu of  prospectus• Share should be ...
Definition: -• Any document described or issued as  prospectus, and includes any notice, circular,  advertisement, or othe...
In short : -• Prospectus is an invitation to the  public to become shareholders or to  take up debentures. It describes th...
Matters to be specified in    prospectus (Continue) : -• The contents of memorandum• No. & value of shares• Remuneration o...
Matters to be specified in   prospectus (Continue) : -• Date and time of opening and closing of  the subscription list.• A...
Conclusion: -Prospectus is a mandatory document for     limited organization to commence    their business, but its compli...
Prospectus
Upcoming SlideShare
Loading in...5
×

Prospectus

6,594

Published on

Published in: Education, Business, Technology
1 Comment
7 Likes
Statistics
Notes
No Downloads
Views
Total Views
6,594
On Slideshare
0
From Embeds
0
Number of Embeds
0
Actions
Shares
0
Downloads
295
Comments
1
Likes
7
Embeds 0
No embeds

No notes for slide

Transcript of "Prospectus"

  1. 1. Contents of prospectus orstatement in lieu of prospectus Prepared By: Usman-ud-Din AD 513464
  2. 2. For obtaining certificate to commence business : -• A prospectus of a statement in lieu of prospectus• Share should be allotted within 180 days• A declaration should be filed with the registrar
  3. 3. Definition: -• Any document described or issued as prospectus, and includes any notice, circular, advertisement, or other communication, inviting offers from the public for the subscription or purchase of any shares in, or debentures of, a body corporate, or inviting deposits from the public, other than deposits invited by a banking company or a financial institution approved by the federal government, whether described as prospectus or otherwise.
  4. 4. In short : -• Prospectus is an invitation to the public to become shareholders or to take up debentures. It describes the soundness of the business which the company proposes to undertake and broad idea about its profitability.
  5. 5. Matters to be specified in prospectus (Continue) : -• The contents of memorandum• No. & value of shares• Remuneration of directors• Details regarding director, CEO, Managing Agent and sectary• Details in respect of shares offered to the public for subscription
  6. 6. Matters to be specified in prospectus (Continue) : -• Date and time of opening and closing of the subscription list.• Amount payable on application and allotment of shares.• Details regarding material contracts.• Details regarding debenture.• Amount of premium or discount on shares and so on.
  7. 7. Conclusion: -Prospectus is a mandatory document for limited organization to commence their business, but its complicated procedure delays the operation of any business, therefore a no. of organizations hesitate to issue Prospectus to general public for subscription of share capital & Debenture.
  1. A particular slide catching your eye?

    Clipping is a handy way to collect important slides you want to go back to later.

×