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Section 34 of CA 2013 : Section 34: Criminal Liability For Mis-Statements In Prospectus

The Companies Act, 2013

CHAPTER III: PROSPECTUS AND ALLOTMENT OF SECURITIES

PART I: PUBLIC OFFER

Section 34: Criminal Liability For Mis-Statements In Prospectus

Explanation using examples

Imagine that XYZ Pvt. Ltd. is planning to go public and has prepared a prospectus to attract investors. The prospectus claims that the company has

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