Who is liable to compensate a third party who has suffered loss or damage reason of subscribing for shares or debentures of a company on the faith of a prospectus containing any untrue statement?

Every person who was a director of the company at the time of the issue of the prospectus.
 Every person who authorized himself to be named and was named in the prospectus as a director.
 Every person who had agreed to become a director either immediately or after an interval of time.
Every person who was a promoter of the company.
 Every person who authorized the issue of the prospectus

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