This document discusses the requirements for issuing a prospectus under Indian company law. It states that a prospectus is a document inviting deposits or subscriptions from the public for shares or debentures. All public companies offering shares or debentures to the public must issue a prospectus. The prospectus must contain specific information listed in Schedule II and be registered with the registrar of companies within 90 days of issuance. It outlines general information and details that must be included in a prospectus, as well as requirements for statements filed in lieu of a prospectus for companies that have not issued shares after becoming public. The document provides an overview of the legal obligations for issuing and filing prospectuses and statements in lieu of prospectuses for public