Companies Act, 1956

Section - 605 - Registration of prospectus

Registration of prospectus.

605.    [(1)] No person shall issue, circulate or distribute in India any prospectus offering for subscription shares in or debentures of a company incorpo-rated or to be incorporated outside India, whether the company has or has not established, or when formed will or will not establish, a place of business in India, unless before the issue, circulation or distribution of the prospectus in India, a copy thereof certified by the chairman and two other directors of the company as having been approved by resolution of the managing body has been delivered for registration to the Registrar and the prospectus states on the face of it that a copy has been so delivered, and there is endorsed on or attached to the copy—

         (a)  any consent to the issue of the prospectus required by ;

         (b)  a copy of any contract required by clause 16 of Schedule II to be stated in the prospectus or, in the case of a contract not reduced into writing, a memorandum giving full particulars thereof; and

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