https://www.taxtmi.com/circulars?id=10848 Section 58B makes the Act's prospectus provisions, so far as may be, applicable to advertisements inviting or accepting deposits. Such advertisements fall within the definition of "prospectus" and are generally governed by prospectus rules; however, where section 58A or the Acceptance of Deposits Rules provide specific treatment (for example, a prescribed form supplanting Schedule II disclosures), those specific provisions prevail. Prospectus liabilities for misstatements and penalties for fraudulent inducement apply mutatis mutandis to deposit advertisements unless displaced by deposit-specific rules. en-us Fri, 06 Jun 1975 00:00:00 +0530 Fri, 17 Jun 2011 14:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=10848 Section 58B makes the Act's prospectus provisions, so far as may be, applicable to advertisements inviting or accepting deposits. Such advertisements fall within the definition of "prospectus" and are generally governed by prospectus rules; however, where section 58A or the Acceptance of Deposits Rules provide specific treatment (for example, a prescribed form supplanting Schedule II disclosures), those specific provisions prevail. Prospectus liabilities for misstatements and penalties for fraudulent inducement apply mutatis mutandis to deposit advertisements unless displaced by deposit-specific rules. Circulars Companies Law Fri, 06 Jun 1975 00:00:00 +0530 https://www.taxtmi.com/circulars?id=10848