384
3rd Schedule. -contd.
166
be purchased or 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 m- duce him to become or to qualify him as a director, or otherwise for services ren- dered or to be rendered to the Company by him or by the firm.
Rates of the dividends (if any) paid by the Company in respect of each class of shares in the Company in each of the three financial years im- mediately preceding the date of this statement or since the incorporation of the Com- pany whichever period is the shorter. Particulars of the cases
If
in
which no dividends have been paid in respect of any class of shares in any of these years.
any of the unissued shares or debentures are to be applied in the purchase of any busi- ness the amount, as certified by the persons by whom the accounts of the business have been audited, of the net pro- fits of the business in respect of each of the three financial years immediately preceding the date of this statement, provided that in the case of a business which has been carried on for less than three years and the accounts of which have only been made up in respect of two years or one year the above require- ment shall have effect as if . references to two years or one year, as the case may be. were substituted for referen- ces to three years, and in any such case the statement shall say how long the business to be acquired has been carried
on.
(Signatures of the persons above- named as directors or proposed directors or of their agents authorised in writing.)
Date
for " "Act"
NOTE. In this Form the expression "vendor" includes a vendor as defined in Part III of the Fourth Schedule to this Ordinance, and the expression "financial year" has the meaning assigned to it in that Part of the said Schedule.
167
FOURTH SCHEDULE.
PART I.
MATTERS REQUIRED TO BE STATED IN PROSPECTUS.
1. Except where the prospectus is published as a newspaper advertisement, the contents of the memorandum, with the names, descriptions, and addresses of the signatories, and the number of shares subscribed for by them respectively.
or
2. The number of founders or management deferred shares, if any, and the nature and extent of the interest of the holders in the property and profits of the company.
3. The number of shares, 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.
4. The names, descriptions, and addresses of the directors or proposed directors.
5. Where shares are offered to the public for subscription particulars as to-
(i) the minimum amount which, in the opinion of the directors, must be raised by the issue of those shares in order to provide the sums, or, if any part thereof is to be defrayed in any
balance other manner, the
of the suma required to be provided in respect of each of the following matters:-
(a) the purchase price of any property purchased or to be purchased which is to be defrayed in whole or in part out of the proceeds of the issue;
(b) any preliminary expenses payable by the company, and any commission so pay- able to any person in consideration of his agreeing to subscribe for, or of his procuring or agreeing to procure subscriptions for, any shares in the company;
(c) the repayment of any moneys borrowed by the company in respect of any of the foregoing matters:
(d) working capital; and
(ii) the amounts to be provided in respect of the matters aforesaid otherwise than out of the proceeds
of the issue and the sources out of which those amounts are to be provided.
6. The amount payable on application and allot- ment on each share, and, in the case of a second or subsequent offer of shares, the amount offered for subscription on each previous allotinent made within the two preceding years, the amount actually allotted, and the amount, if any, paid on the shares so allotted.
7. The number and amount of shares and de- bentures which within the two preceding years have been issued, or agreed to be issued, as fully or partly paid up otherwise than in cash, and in the latter case the extent to which they are so paid up, and in either case the consideration for which those shares or debentures have been issued or are proposed or intended to be issued.
8. The names and addresses of the vendors of any property purchased or acquired by the company, or proposed so to be purchased or acquired, which is to be paid for wholly or partly out of the proceeds of the issue offered for subscription by the prospectus, or the purchase or nequisition of which has not been
Sections 57
and 329.
385