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Companies Law - Highlights / Catch Notes

Home Highlights January 2018 Year 2018 This

Civil liability for mis-statements in prospectus - No person ...


Section 35(2) of Companies Act 2013: No Liability for Prospectus Misstatements if Relying in Good Faith on Expert Reports.

January 6, 2018

Act Rules     Companies Law

Civil liability for mis-statements in prospectus - No person shall be liable if he relied bonafidely upon report or statement made by an expert or an extract a report or valuation of an expert - Section 35(2) of the Companies Act, 2013

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