Regulatory power over solicitation of deposits limits prospectuses and advertisements by housing finance companies to specified conditions. The substituted provision empowers the central banking authority to regulate or prohibit issuance of any prospectus or advertisement by a housing finance institution soliciting deposits from the public, and to specify the conditions under which such prospectuses or advertisements, if not prohibited, may be issued.
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.
Regulatory power over solicitation of deposits limits prospectuses and advertisements by housing finance companies to specified conditions.
The substituted provision empowers the central banking authority to regulate or prohibit issuance of any prospectus or advertisement by a housing finance institution soliciting deposits from the public, and to specify the conditions under which such prospectuses or advertisements, if not prohibited, may be issued.
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