Misstatements in offer documents are prohibited; issuers must ensure disclosures are complete and not misleading in debt offers. An issuer's offer document, abridged prospectus or any advertisement for a public issue of debt securities must not omit any material fact that would make statements misleading, and must not contain any false or misleading statement, imposing both a disclosure obligation and an accuracy obligation on communications relating to the issue.
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.
Misstatements in offer documents are prohibited; issuers must ensure disclosures are complete and not misleading in debt offers.
An issuer's offer document, abridged prospectus or any advertisement for a public issue of debt securities must not omit any material fact that would make statements misleading, and must not contain any false or misleading statement, imposing both a disclosure obligation and an accuracy obligation on communications relating to the issue.
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