The content of Prospectus

The following important matter are included in the prospectus:

  • The prospectus contains the main objectives of the company, the name and addresses of the signatories of the memorandum of association and the number of shares held by them.
  • The name, addresses and occupation of directors and managing directors.
  • The number and classes of shares and debentures issued.
  • The qualification share of directors and the interest of directors for the promotion of company.
  • The number, description and the document of shares or debentures which within the two preceding years have been agreed to be dissed other than cash.
  • The name and addresses of the vendors of any property acquired by the company and the amount paid or to be paid.
  • particulars about the directors, secretaries and the treasures and their remuneration.
  • The amount for the minimum subscription.
  • If the company carrying on business, the length of time of such businesses.
  • The estimated amount of preliminary expenses.
  • Name and address of the auditors, bankers and solicitors of the company.
  • Time and place where copies of balance sheets, profits and loss account and the auditors report may be inspected.
  • The auditor’s report so submitted must deal with the profit and loss of the company for each year of five financial years immediately preceding the issue of prospectus.
  • If any profit or reserve has been capitalized, the particulars of such capitalization will be stated in the prospectus.