Every person who was a promoter of the company at the time of issue.
Every person who was a director of the company at the time of issue.
Every person who authorised himself to be named by the prospectus as director and was so named.
Every person who authorised the issue of the prospectus.
Every person who had agreed to become a director of the company either immediately or after an interval of time.
Name and briefly explain four classes of persons who may incur civil liability in respect of a false statement in a prospectus.
