Which among the following remedies is available for a person who acted upon a false prospectus?
A person misled by a false prospectus may claim "Damages for fraudulent misrepresentation", "Compensation for untrue statement" under Section 35 and "Damages for…
Choose your answer
Which among the following remedies is available for a person who acted upon a false prospectus?
Answer and explanation
Correct answer D
A person misled by a false prospectus may claim "Damages for fraudulent misrepresentation", "Compensation for untrue statement" under Section 35 and "Damages for non-compliance with the requirements of section 26 of the Companies Act, 2013", so "All of the given options are correct".
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