Can You Write Short Note On The Following? 1. Statement In Lieu Of Prospectus. 2. Share Certificate. 3. Share Warrant.

1. Share in lieu of prospectus. If a company does not want to issue a prospectus to the public for subscription of the shares, this statement is required to be issued to the public for necessary information. It must be signed by every person in it as director or by his agents authorized in writing. The nature of the information of this document is more or less similar to that gives in the prospectus. A copy of this statement must be filled with registrar with in prescribed time. This provision does not apply to private company.

2. Share certificate. A share certificate is a document issued under the common seal of the company and it states the extent of the interest of its holder in the companies' capital. This certificate is usually given free of charge to every member where name is entered in the register of members. It indicates the name address and other particulars of the holder, the number of shares and the amount paid up on share held by him.

3. Share warrant. This document is issued under the common seal of the company in respect of fully paid up shares. It is a negotiable instrument which is transferable bye mere delivery. It must be stamped according to the market value of the shares. It may be issued with coupons attached by means of which the holder is entitled to claim any dividends.

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