(1) Every prospectus issued by or on behalf of a company, or by or on behalf of any person who is or has been engaged or interested in the formation of the company, must state -
(a) the contents of the memorandum, with the names, descriptions, and addresses of the signatories, and the number of shares subscribed for by them respectively; and the number of founders or management or deferred shares, if any, and the nature and extent of the interest of the holders in the property and profits of the company; and
(b) the number of stares, if any, fixed by the articles as the qualification of a director, and any provision in the articles as to the remuneration of the directors; and
(c) the names, descriptions, and addresses of the directors or proposed directors; and
(d) the minimum subscription on which the directors may proceed to allotment, and the amount payable on application and allotment on each share;
and in the case of a second or subsequent offer of shares, the amount offered