Defenses available to promoters directors etc in case of misrepresentation in prospectus is are ........

Companies Act-Phase (I & II) Prospectus

Defenses available to promoters, directors etc. in case of misrepresentation in prospectus is/are:

Withdrawal of consent by them

Prospectus issued without consent

Belief in truth of misleading statement purported to be made by an expert

All of the above

In case of misrepresentation/untrue statement in prospectus, the promoters, directors etc. can escape their liability if they prove that:

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