Material misstatement standard replaces prior review wording; stock exchanges must amend Clause 41 and confirm compliance. The circular revises the concluding sentence of the review report under Clause 41 to replace the word 'misstatement' with material misstatement, while maintaining that the unaudited financial results must disclose information required by Clause 41 and the manner of disclosure; stock exchanges are directed to amend Clause 41 accordingly and confirm 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.
Material misstatement standard replaces prior review wording; stock exchanges must amend Clause 41 and confirm compliance.
The circular revises the concluding sentence of the review report under Clause 41 to replace the word "misstatement" with material misstatement, while maintaining that the unaudited financial results must disclose information required by Clause 41 and the manner of disclosure; stock exchanges are directed to amend Clause 41 accordingly and confirm compliance.
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