https://www.taxtmi.com/circulars?id=10707 Advertisements inviting or accepting public deposits are treated as prospectuses and, generally, prospectus provisions apply to them. However, the qualifier "so far as may be" means that where specific requirements are prescribed by the Acceptance of Deposits Rules or deposit-specific provisions, those requirements govern and displace corresponding prospectus provisions (for example, prescribed form requirements override general prospectus disclosure schedules). Civil and criminal liabilities for misstatements and penalties for fraudulent inducement apply to deposit advertisements mutatis mutandis unless superseded by specific deposit rules. en-us Mon, 21 May 1962 00:00:00 +0530 Thu, 16 Jun 2011 14:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=10707 Advertisements inviting or accepting public deposits are treated as prospectuses and, generally, prospectus provisions apply to them. However, the qualifier "so far as may be" means that where specific requirements are prescribed by the Acceptance of Deposits Rules or deposit-specific provisions, those requirements govern and displace corresponding prospectus provisions (for example, prescribed form requirements override general prospectus disclosure schedules). Civil and criminal liabilities for misstatements and penalties for fraudulent inducement apply to deposit advertisements mutatis mutandis unless superseded by specific deposit rules. Circulars Companies Law Mon, 21 May 1962 00:00:00 +0530 https://www.taxtmi.com/circulars?id=10707