Prospectus compliance: issuing or distributing contravening prospectuses or application forms attracts imprisonment or fine. Section 606 creates an offence where any person who is knowingly responsible for issuing, circulating or distributing a prospectus, or for issuing an application form for shares, debentures or Indian Depository Receipts, does so in contravention of sections 603, 604, 605 and 605A; the prescribed punishment is imprisonment up to six months, or a fine up to fifty thousand rupees, or both.
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.
Prospectus compliance: issuing or distributing contravening prospectuses or application forms attracts imprisonment or fine.
Section 606 creates an offence where any person who is knowingly responsible for issuing, circulating or distributing a prospectus, or for issuing an application form for shares, debentures or Indian Depository Receipts, does so in contravention of sections 603, 604, 605 and 605A; the prescribed punishment is imprisonment up to six months, or a fine up to fifty thousand rupees, or both.
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