what is statement in lieu of prospectus?
Menu
urgent information
Replies (4)
It is also required to be file as per Schedule IV in case of conversion of Pvt. Commpany into public Company
A statement in lieu of prospectus is filed by a Company before a Registrar, if it wants to allot shares without taking money
from the public i.e it does not invite public to subscribe for shares. This is necessary before the company is able to allot shares to any person (typically closely held companies, though listed as public companies).
A statement in lieu of prospectus.According to the companies' ordinance if a public company is not issuing a prospectus on its formation, it then must file a statement in lieu of prospectus with the registrar of the companies
in other words
A statement in lieu of prospectus is filed by a Company before a Registrar, if it wants to allot shares without taking money
from the public i.e it does not invite public to subscribe for shares. This is necessary before the company is able to allot shares to any person
Recent Topic
- While e filing otp not generating
- INCOME FROM CLOSING OF NSS -1992 -EXEMPT UNDER W
- GPF AND COMMUTED PENSION RECEIVED
- How do I choose the correct trademark class? Can I
- Error in totalling salary amount in AIS
- Client consent under DPDPA: Is client sharing PAN,
- TDS MISMATCH
- Rebate on other income even if LTCG is above my 12
- Need CA to certify shareholding pattern.
- Ltcg savings
Related Topics
CAclubindia
