10-mark question · Part C · Law of Investments and Securities

Amar subscribed for shares issued by Fast Trak Ltd. The prospectus of Fast Trak Ltd. included a statement which was misleading in its forms and contents. On the faith of the prospectus, believing it to be true, Amar subscribed for shares and sustained a loss. Can Amar sue for compensation of loss? If so, who will be sued for such loss?

WhatsApp Telegram X Facebook
Frequency
1×
papers in the bank
Marks
10
common OU pattern
Years
2014

Appeared in

Mapped topics

Mapped case laws

Not mapped to a case yet.