https://www.taxtmi.com/acts?id=15473 Making or abetting fictitious or multiple applications, or otherwise inducing allotment or transfer of securities to a fictitious name, constitutes an offence attracting action under section 447. The prohibition must be prominently reproduced in every prospectus and application form. On conviction the Court may order disgorgement of gains and seizure and disposal of securities, with proceeds credited to the Investor Education and Protection Fund. en-us Mon, 19 Dec 2011 17:23:27 +0530 Mon, 19 Dec 2011 17:23:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=15473 Making or abetting fictitious or multiple applications, or otherwise inducing allotment or transfer of securities to a fictitious name, constitutes an offence attracting action under section 447. The prohibition must be prominently reproduced in every prospectus and application form. On conviction the Court may order disgorgement of gains and seizure and disposal of securities, with proceeds credited to the Investor Education and Protection Fund. Act-Rules Bills Mon, 19 Dec 2011 17:23:27 +0530 https://www.taxtmi.com/acts?id=15473