Which of the following are liable for Mis statement in Prospectus ........

Companies Act-Phase (I & II) Prospectus

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Which of the following are liable for Mis-statement in Prospectus:

A person who has signed and given consent to issue the prospectus

Persons who have management of whole of the affairs of company

Managers, Company Secretaries, Directors And Promoters of the Company

All of the Above

None of the Above

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Explanation:

As per Section 36 of Companies Act, 2013 a person who has signed and given consent to the prospectus is liable for misstatement. Also, persons who have the management of the whole or substantially whole of the affairs of company including Directors, Managers, Company Secretaries, promoters and experts are liable for misstatement in prospectus.