Issuing undated and unsigned circular by stock broker containing statements contrary to terms of sanction by Controller of Capital Issues Whether attracts penal provisions

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....- 22-9-1954 Circular<br>Companies Law<br>Circular : No. F. 2/10/730/64, dated 22&#8209;9&#8209;1954. Subject:- Issuing undated and unsigned circular by stock broker containing statements contrary to ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....tioned by the Controller of Capital Issues. This action on the part of the firm was also within the mischief of the penal provisions of the Companies Act relating to the offer and sale of shares. The....