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Prospectus (ss. 43-52) |
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43. Dating of prospectus. |
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44. Matters to be stated and reports to be set out in prospectus. |
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45. Exclusion of section 44 and relaxation of Third Schedule in case of certain prospectuses. |
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46. Expert's consent to issue of prospectus containing statement by him. |
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47. Registration of prospectus. |
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48. Restriction on alteration of terms mentioned in prospectus or statement in lieu of prospectus. |
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49. Civil liability for mis-statements in prospectus. |
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50. Criminal liability for mis-statements in prospectus. |
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51. Document containing offer of shares or debentures for sale to be deemed a prospectus. |
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52. Interpretation of provisions relating to prospectuses. |
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Allotment (ss. 53-58) |
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53. Minimum subscription and amount payable on application. |
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54. Prohibition of allotment in certain cases unless statement in lieu of prospectus delivered to registrar. |
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55. Effect of irregular allotment. |
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56. Applications for, and allotment of, shares and debentures. |
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57. Allotment of shares and debentures to be dealt in on stock exchange. |
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58. Return as to allotments. |
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Commissions and Discounts and Financial Assistance for Purchase of Shares (ss. 59-60) |
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59. Power to pay certain commissions, and prohibition of payment of all other commissions and discounts. |
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60. Giving of financial assistance by a company for the purchase of its shares. |
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Construction of references to offering Shares or Debentures to the Public (s. 61) |
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61. Construction of references to offering shares or debentures to the public. |
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Issue of Shares at Premium and Discount and Redeemable Preference Shares (ss. 62-65) |
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62. Application of premiums received on issue of shares. |
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63. Power to issue shares at a discount. |
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64. Power to issue redeemable preference shares. |
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65. Power to redeem preference shares issued before 5th May, 1959. |
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Miscellaneous Provisions as to Share Capital (ss. 66-71) |
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66. Power of company to arrange for different amounts being paid on shares. |
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67. Reserve liability of limited company. |
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68. Power of company to alter its share capital. |
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69. Notice to registrar of certain alterations in share capital. |
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70. Notice of increase of share capital. |
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71. Power of unlimited company to provide for reserve share capital on re-registration. |
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Reduction of Share Capital (ss. 72-77) |
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72. Power of company to reduce its share capital. |
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73. Application to court for confirming order, objections by creditors and settlement of list of objecting creditors. |
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74. Order confirming reduction and powers of court on making such order. |
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75. Registration of order and minute of reduction. |
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76. Liability of members in respect of reduced shares. |
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77. Penalty for concealment of certain matters in proceedings for reduction. |
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Variation of Shareholders' Rights (s. 78) |
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78. Rights of holders of special classes of shares. |
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Numbering and Transfer of and Evidence of Title to Shares and Debentures (ss. 79-90) |
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79. Nature of shares. |
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80. Numbering of shares. |
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81. Transfer not to be registered unless instrument of transfer delivered to the company. |
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82. Transfer by personal representative. |
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83. Registration of transfer at request of transferor. |
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84. Notice of refusal to register transfer. |
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85. Certification of transfers. |
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86. Duties of company in relation to the issue of certificates. |
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87. Evidence of title, probate and letters of administration. |
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88. Issue and effect of share warrants to bearer. |
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89. Validation of invalid issue, redemption or purchase of shares. |
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90. Penalty of personation of shareholder. |
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Special Provisions as to Debentures (ss. 91-98) |
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91. Provisions as to register of debenture holders. |
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92. Rights of inspection of register of debenture holders and to copies of register and trust deed. |
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93. Liability of trustees for debenture holders. |
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94. Perpetual debentures. |
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95. Power to re-issue redeemed debentures. |
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96. Saving of rights of certain mortgagees in case of re-issued debentures. |
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97. Specific performance of contracts to subscribe for debentures. |
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98. Preferential payments when receiver is appointed under floating charge. |
