Preface
Table of Cases
Table of Legislation, Bills, and Provisions of the Constitution of India
Table of Delegated Legislation
Abbreviations and Acronyms
1:Foundational Terms and Concepts
The Company as a Business Organization
Capital Requirement of Companies
Concept of Securities
Form of Securities
Corporate Securities
Free Transferability of Corporate Securities
Raising Capital by Issue of Securities
Securities Market
Securities Law
2:Evolution of Regulation of Public Offerings
History of Company Law
Disclosure Philosophy
Regulation of Public Offering under the Company Law
Control over Capital Issues
The Indian Securities Market and Its Regulation
3:Public Offer and Prospectus
Reasons to Go Public
Prospectus
Principal Legal Requirements for a Prospectus
Functions of a Prospectus
Types of Prospectuses
Listing of Securities and Types of Public Offering
Proponents of Public Offer and Offer for Sale
Prospectuses of Companies Incorporated Outside India
4:Regulatory Agencies
Regulatory Enforcement Styles
Securities and Exchange Board of India
Registrar of Companies
Stock Exchanges
Reserve Bank of India
5:Public Offering Programme: General
Choice of Trading Segment
Eligibility Criteria
Appointment of Intermediaries
Participants Other than Intermediaries
Initial Considerations
Preparing the Prospectus
Limitations on Publicity, Research Reports, and Financial Assistance
6:Public Offering Programme: Public Issue
Organizing the Prospectus
Issue of the Prospectus
Allotment and Listing of Securities
Life as a Listed Company
7:Liabilities and Regulatory Actions
Civil Liability
Criminal Liability
Pecuniary Penalty
Regulatory Actions