Practice of giving advertisement in newspapers relating to public issue - Advertisement should not be published between date of announcement and date of closing of subscription list

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....t be published between date of announcement and date of closing of subscription list It has been brought to the notice of the Government that in advertisements issued on behalf of companies, either directly or through issue-houses or managers to the issue, very often exaggerated claims regarding dividend prospect, capital appreciation, etc., are made. Similar claims are also, at times, made by co....