Friday, November 22, 2024    Bookmark and Share
YOGESH KANSAL AND COMPANY
(A Peer Reviewed Firm)
Advanced Search
My Documents
Admin Login
 
Home
Services
Clientle
About Us
Contact Us
Team YKC
Ask a Query

Punishment for fraudulently inducing persons to invest money

Any person who, either knowingly or recklessly makes any statement, promise or forecast which is false, deceptive or misleading, or deliberately conceals any material facts, to induce another person to enter into, or to offer to enter into,—

(a)   any agreement for, or with a view to, acquiring, disposing of, subscribing for, or underwriting securities; or
(b)   any agreement, the purpose or the pretended purpose of which is to secure a profit to any of the parties from the yield of securities or by reference to fluctuations in the value of securities; or
(c)   any agreement for, or with a view to obtaining credit facilities from any bank or financial institution;

 

shall be liable for action under 

Total Visitors: 954 Powered By Aem Solutions