Prospectus example sentences
The intending investors apply for debentures on the basis of the prospectus issued by the company.It is also possible that the timing of the payment of calls by the shareholders is determined at the time of share issue itself and given in the prospectus.It is possible for the shares of some companies to be oversubscribed which means that applications for more shares are received than the number offered for subscription through the prospectus.The intending investors apply for debentures on the basis of the prospectus issued by the company.Issue of Prospectus: The company first issues the prospectus to the public.Prospectus is an invitation to the public that a new company has come into existence and it needs funds for doing business.When shares and debentures are issued to the public, the company has to incur expenses on preparation and printing of prospectus, advertisement on the issue, merchant bankers fees, brokerage, etc.The company has to get minimum subscription (Refer Box 1) within 120 days from the date of the issue of the prospectus.If the company fails to receive the same within the said period, the company cannot proceed for the allotment of shares and application money should be returned within 130 days of the date of issue of prospectus.The intending investors apply for debentures on the basis of the prospectus issued by the company.The intending investors apply for debentures on the basis of the prospectus issued by the company.When prospectus is issued to the public, prospective investors intending to subscribe the share capital of the company would make an application along with the application money and deposit the same with a scheduled bank as specified in the prospectus.The intending investors apply for debentures on the basis of the prospectus issued by the company.The intending investors apply for debentures on the basis of the prospectus issued by the company.The intending investors apply for debentures on the basis of the prospectus issued by the company.
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