plzz help me in company law

CS 1362 views 3 replies

 for these questions: Sate with Reason wether True or false

1) It is the duty of those who issue the prospectus to be truthfull in all respect.

2) Participant is an agent of a depository and is registered as such under the companies act 1956 to render depository service.

3) A trade union registered under Trade Union act cannot be registered as a member and cannot hold shares in a company in its own corporate name.

4) No valid allotment can be made on an oral request.

Replies (3)

1. FALSE. ITS THE DUTY OF PERSONS WHO SIGNS PROSPECTUS..

4. TRUE.

2. TRUE

3. FALSE

1. True- It is a criminal offence if any false or untrue statement is found in prospectus and person who have authorised to isssue shall be punishable.


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