Application of prospectus provisions extends prospectus rules to company advertisements offering or soliciting investment, aligning obligations. Section 58B provides that the statutory rules and obligations applicable to a prospectus shall, so far as may be, apply to an advertisement referred to in section 58A, thereby subjecting advertisements that solicit or promote share or debenture issues to the same disclosure and compliance expectations as prospectuses.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Application of prospectus provisions extends prospectus rules to company advertisements offering or soliciting investment, aligning obligations.
Section 58B provides that the statutory rules and obligations applicable to a prospectus shall, so far as may be, apply to an advertisement referred to in section 58A, thereby subjecting advertisements that solicit or promote share or debenture issues to the same disclosure and compliance expectations as prospectuses.
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