Vide section 55, a prospectus issued by or on behalf of a company or in relation to an intended company shall be dated. The date so stated in the prospectus shall be taken as the date of its publication. There is a difference between date of publication of a prospectus and date of its issue. Whereas the date imprinted on the prospectus is called date of publication of a prospectus, the date on which the prospectus first appears as an advertisement, is said to be the date of its issue.