Fraudulent inducement to invest: criminal liability for false statements or concealment, risking imprisonment and fines. Section 68 criminalises knowingly or recklessly making false, deceptive or misleading statements, promises or forecasts, or dishonestly concealing material facts, to induce or attempt to induce another to enter into agreements concerning acquisition, disposal, subscription or underwriting of shares or debentures, or agreements aimed at securing profit from yields or price fluctuations in such securities.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Fraudulent inducement to invest: criminal liability for false statements or concealment, risking imprisonment and fines.
Section 68 criminalises knowingly or recklessly making false, deceptive or misleading statements, promises or forecasts, or dishonestly concealing material facts, to induce or attempt to induce another to enter into agreements concerning acquisition, disposal, subscription or underwriting of shares or debentures, or agreements aimed at securing profit from yields or price fluctuations in such securities.
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