Prospectus - Law Dictionary Search Results
Prospectus
Matched in: Term Prospectus
prospectus
Matched in: Term prospectus
Prospectus
Matched in: Term Prospectus
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Deceit
instance of any subscriber for shares or debentures who has subscribed for these on the faith of a prospectus inviting him to subscribe against any director, or person named or referred to as a director in the
Directors
Lords in Peek v. Derry (1889) 14 App Cas 337, that directors making an untrue statement in a prospectus which they honestly, though without reasonable ground, believed to be true, were not liable to a shareholder taking
Promoter
2 Ch 515. As to the liability of promoters of a company for any untrue statements in the prospectus, see s. 37 of the Companies Act, 1929, and 4th Sch., par. 12, under which the prospectus must
Private company
ceases upon such alteration to be a private company and must deliver to the registrar of companies a prospectus or statement in lieu of prospectus (see those titles) within fourteen days, and if the company makes default
Underwriter
the public. The sole consideration allowed is a commission at a rate which must be disclosed in the prospectus and not exceeding the rate authorized by the Articles of Association. This commission must not be confused with
Waiver clause
Waiver clause. That clause in the prospectus of a joint stock company, or in the application for its shares, which, as in Greenwood v. Leather
Fraud
For instances of acts which have been declared to be or treated as fradulent by statute, see MISFEASANCE; PROSPECTUS; WINDING-UP; FRADULENT PREFERENCE; FRAUDULENT CONVEYANCES; PASSING OFF. Fraud and collusion vitiate even the most solemn proceedings in any
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