COMPANIES ACT, 1929
14. The names and addresses of the auditors, if any, of the
company.
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15. Full particulars of the nature and extent of the interest,
if any, of every director in the promotion of, or in the property
proposed to be acquired by, the company, or, where the interest
of such a director consists in being a partner in a firm, the nature
and extent of the interest of the firm, with a statement of all sums
paid or agreed to be paid to him or to the firm in cash or shares or
otherwise by any person either to induce him to become, or to
qualify him as a director, or, otherwise for services rendered by
him or by the firm in connection with the promotion or formation
of the comvanv.
16. If the prospectus invites the public to subscribe for shares
in the company and the share capital of the company is divided into
different classes of shares, the right of voting at meetings of the
company conferred by, and the rights in respect of capital and
dividends attached to. the several classes of shares respectively.
17. In the case of a company which has been carrying on business,
or of a business which has been carried on for less than three years,
the length of time during which the business of the company or the
business to be acquired, as the case mav be. has been carried on
WRI
REPORTS TO BE SET OUT IN PROSPECTUS
I. A report by the auditors of the company with respect to the
profits of the company in respect of each of the three financial years
immediately preceding the issue of the prospectus, and with respect
to the rates of the dividends, if any, paid by the company in respect
of each class of shares in the company in respect of each of the said
three years, giving particulars of each such class of shares on which
such dividends have been paid and particulars of the cases in which
no dividends have been paid in respect of any class of shares in
respect of any of those years, and, if no accounts have been made up
in respect of any part of the period of three years ending on a date
three months before the issue of the prospectus, containing a state-
ment of that fact
2. If the proceeds, or any part of the proceeds, of the issue of
the shares or debentures are or is to be applied directly or indirectly
in the purchase of any business, a report made by accountants who
shall be named in the prospectus upon the profits of the business
in respect of each of the three financial vears immediately preceding
the issue of the prospectus