Expert consent requirement for prospectuses: expert written consent and binding effect on allotment obligations must be ensured. Prospectuses offering securities of foreign-incorporated companies circulated in India must include an expert's unwithdrawn written consent where statements by an expert appear, and any expert statement is treated as included if on the face, incorporated by reference, or issued with the prospectus; additionally the prospectus must operate, upon applications, to bind all concerned persons by the statutory provisions governing allotment and related obligations so far as applicable.
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.
Expert consent requirement for prospectuses: expert written consent and binding effect on allotment obligations must be ensured.
Prospectuses offering securities of foreign-incorporated companies circulated in India must include an expert's unwithdrawn written consent where statements by an expert appear, and any expert statement is treated as included if on the face, incorporated by reference, or issued with the prospectus; additionally the prospectus must operate, upon applications, to bind all concerned persons by the statutory provisions governing allotment and related obligations so far as applicable.
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