https://www.taxtmi.com/acts?id=18467 If a company has unutilised proceeds raised by prospectus, it may not vary contracts or alter prospectus objects except by a special resolution passed via postal ballot; the notice must disclose original objects, total funds raised, utilisation to date, extent of achievement, unutilised amount, particulars and justification of variation, timeframe for new objects, clause wise details, new risk factors and other information necessary for shareholders. The notice must be advertised in Form PAS 1 concurrently with postal ballot dispatch and placed on the company's website, if any. en-us Tue, 01 Apr 2014 09:44:07 +0530 Wed, 11 Mar 2026 14:57:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=18467 If a company has unutilised proceeds raised by prospectus, it may not vary contracts or alter prospectus objects except by a special resolution passed via postal ballot; the notice must disclose original objects, total funds raised, utilisation to date, extent of achievement, unutilised amount, particulars and justification of variation, timeframe for new objects, clause wise details, new risk factors and other information necessary for shareholders. The notice must be advertised in Form PAS 1 concurrently with postal ballot dispatch and placed on the company's website, if any. Act-Rules Companies Law Tue, 01 Apr 2014 09:44:07 +0530 https://www.taxtmi.com/acts?id=18467