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Civil liability for mis- statements in prospectus.

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Full Text of the Document

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....ch is misleading and has sustained any loss or damage as a consequence thereof, the company and every person who-           (a) is a director of the company at the time of the issue of the prospectus;           (b) has authorised himself to be named and is named in the prospectus as a director of the co....

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Full Text of the Document

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....ctor of the company, he withdrew his consent before the issue of the prospectus, and that it was issued without his authority or consent; or           (b) that the prospectus was issued without his knowledge or consent, and that on becoming aware of its issue, he forthwith gave a reasonable public notice that it was issued without his knowledge or co....