Kindly explain all headings and it's subheadings. PLEASE DO NOT SKIP ANY HEADING! THIS IS FOR 100 MARKS.

Topic: Prospectus

1) Introduction

2) Definition

i) subscription or purchase of any shares in body corporate or debentures of a body corporate

ii) deposits

3) Purpose of issuing of prospectus

i) information about formation of new company

ii) responsibility of directors

iii) record about raising of capital

4) Contents of prospectus

i) promoters of company

ii)directors of company

iii) chief executive of company

iv)auditors of company

v)plant project and machinery of company

vi)objects of company

vii)history of company

ix)share capital of company

x)shares and shareholders of company

xi)taxation

xii) general meetings

xiii)litigation

xiv)bankers of company

5)Civil and criminal liabilities which arise as a result of an untrue statement in a prospectus

i)Civil liability

ii)Criminal liability

i) Civil liability:-

a)Who can be liable?

a-i) Promoters of company

a-ii) directors of company

a-iii)person as director

a-iv)person who gives consent

b)Remedies against civil liability

b-1)Suit for damage

b-2)suit for recovery of money

b-3)repudiation of contract

6) Conclusion