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of <h1>Section 36 of Companies Act 2013: Punishment for Fraud in Investment Inducement, False Statements, and Concealed Facts Explained.</h1> Section 36 of the Companies Act, 2013 addresses the punishment for fraudulently inducing individuals to invest money. It applies to any person who knowingly or recklessly makes false, deceptive, or misleading statements, promises, or forecasts, or conceals material facts to induce another to enter into agreements related to acquiring, disposing of, or subscribing to securities, securing profits from securities, or obtaining credit facilities from banks or financial institutions. Such actions are subject to legal consequences under section 447 of the Act.
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