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TypeBare Act JurisdictionCentral Government

Capital Issues (Control) Act, 1947 [Repealed] Section 4

Control of Advertisement of Offers of Securities for Subscription Etc.

~1 min read
https://sooperkanoon.com/act/32579

Bare act section · Research

About this section

Capital Issues (Control) Act, 1947 [Repealed] Section 4 is part of Capital Issues (Control) Act, 1947 [Repealed] - Control of Advertisement of Offers of Securities for Subscription Etc.. Read the section text below and explore Indian court judgments that cite it.

Research copy - verify against official government publications before filing or court use.

Section Text

1[(1) No person shall circulate any offer, being a public offer, in the Slates for the subscription, or purchase of any securities unless consent or recognition has been accorded by the Central Government under this Act to the issue or creation of such securities and a statement has been made to that effect in the offer.

(2) No company shall circulate any offer, being an offer to existing holders of the securities of that company or to existing holders of the securities of any other company specified in the offer, in the States for the subscription or purchase of any securities of such company unless recognition has been accorded by the Central Government under this to the issue or creation of such securities and a statement has been made to that effect in the offer.

(3) No person shall without the consent of the Central Government circulate any offer, being a public offer, in the States for the sale of any securities issued or created with the consent or recognition of the Central Government if such issue or creation was made by a private company or if the order according consent or recognition contained a condition that the securities should be privately subscribed.]

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1. Substituted by the Capital Issues (Control) Amendment Act (Act 50 of 1957) w.e.f 21.12.1957.

Frequently asked questions

What does Capital Issues (Control) Act, 1947 [Repealed] Section 4 provide?

Section Section 4 of the Capital Issues (Control) Act, 1947 [Repealed] (Control of Advertisement of Offers of Securities for Subscription Etc.) is reproduced on this page as part of the Capital Issues (Control) Act, 1947 [Repealed]. Lawyers and researchers use it to read the statutory wording before checking how courts have applied this section in reported judgments.

How do I find judgments on Capital Issues (Control) Act, 1947 [Repealed] Section 4?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Capital Issues (Control) Act, 1947 [Repealed] Section 4. Advanced act search can narrow results by court, year, or additional act filters.

Is the section text on SooperKanoon official?

SooperKanoon hosts bare act text for research and quick reference. For filings or compliance in Central, confirm the wording against the official state gazette or authorized publication.

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