A prospectus issued in form of advertisement must state:
The object for which the company has been formed
Incorrect AnswerThe liability of members
Incorrect AnswerThe amount of share capital of company
Incorrect AnswerThe names of signatories to MOA and Shares held by them
Incorrect AnswerAll of the above
Correct AnswerExplanation:
As per Section 30 of Companies Act, 2013, where an advertisement of any prospectus of a company is published in any manner, it shall be necessary to specify therein the contents of its MOA as regards the objects, liability of members and the amount of share capital of the company, and the names of the signatories to the MOA and number of shares subscribed for by them and its capital structure.
![]()
By: Vikas Goyal