Section 387 of CA 2013 : Section 387: Dating Of Prospectus And Particulars To Be Contained Therein

Explanation using Example

Imagine a Canadian tech startup, "Maple Innovations Inc.," that wants to attract Indian investors. Before it can legally distribute its prospectus in India to invite subscriptions for its shares, it must ensure that the prospectus is dated and signed. Additionally, it needs to include the following:

• The company's charter or constitution documents.
• The laws under which it was incorporated in Canada.
• An address in India where these documents or certified English translations can be inspected.
• The date of incorporation and the country of incorporation, which is Canada.
• Details on whether it has a business place in India, and if so, the address of its main office.

Furthermore, the prospectus must mention the...

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