Statement in lieu of prospectus: disclosure obligations and required accountant reports for acquisitions and capital particulars. The Schedule prescribes the Statement in lieu of prospectus to be delivered to the Registrar, requiring disclosure of nominal share capital and classes, ... Summary
Statement in lieu of prospectus: disclosure obligations and required accountant reports for acquisitions and capital particulars.
The Schedule prescribes the Statement in lieu of prospectus to be delivered to the Registrar, requiring disclosure of nominal share capital and classes, directors and senior officers, terms of appointment and remuneration, details of shares and debentures to be issued and their consideration, options to subscribe, vendor particulars and consideration for acquisitions, commissions for procuring subscriptions, and audited profit and asset/liability reports where a business or subsidiary shares are proposed to be acquired.
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