Section 30 of the Companies Act, 2013
Section 30 of the Companies Act, 2013 deals with the Advertisement of Prospectus.
📘 Section 30 – Advertisement of Prospectus
Key Provisions:
When a company advertises its prospectus, it must include the contents of the memorandum, the names of the signatories, and other prescribed details.
The advertisement of the prospectus must:
Be in a prescribed manner (as per rules),
Contain prescribed information,
And must not be misleading in any form.
📝 In Simple Words:
If a company publishes a prospectus in newspapers, websites, or other media, it must ensure that:
It includes all essential and accurate information,
It does not mislead potential investors,
And it follows the format and rules prescribed by the Companies Act and SEBI regulations.
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