FINANCIAL STRUCTURE AND MEMBERSHIP - II - PROSPECTUS

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..... from the public for the subscription or purchase of nay shares in, or debentures of a body corporate An offer or invitation to subscribe for shares or debentures made to fifty or more persons shall be treated as an offer or invitation made to public . Section 67(3) Prospectus not required to be issued- Section 56 Where a person is a bona fide invitee to enter into an underwri .....

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..... on or bank for issue of securities specified in prospectus. Validity of shelf prospectus is one Year Information Memorandum Section 60B Process undertaken prior to filing of a prospectus by which a demand for the securities proposed to be issued is assessed by means of a notice, circular, advertisement or document. Deemed Prospectus Offer for sale of existing shares Section 64 .....

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