Terms of payment in prospectus advertisements may be included in press announcements if compliant with section 56. In press announcements of a proposed public issue of shares, companies may include the terms of payment in the prescribed proforma so long as that disclosure does not contravene section 56, thereby permitting an additional factual element in prospectus related newspaper announcements while maintaining statutory compliance.
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.
Terms of payment in prospectus advertisements may be included in press announcements if compliant with section 56.
In press announcements of a proposed public issue of shares, companies may include the terms of payment in the prescribed proforma so long as that disclosure does not contravene section 56, thereby permitting an additional factual element in prospectus related newspaper announcements while maintaining statutory compliance.
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