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TypeBare Act JurisdictionCentral Government

Companies Act, 2013, Section 33

Issue of Application Forms for Securities

~1 min read
https://sooperkanoon.com/act/62410

Bare act section · Research

About this section

Companies Act, 2013, Section 33 is part of Companies Act, 2013, - Issue of Application Forms for Securities. Read the section text below and explore Indian court judgments that cite it.

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Section Text

(1) No form of application for the purchase of any of the securities of a company shall be issued unless such form is accompanied by an abridged prospectus:

Provided that nothing in this sub-section shall apply if it is shown that the form of application was issued--

(a) in connection with a bona fide invitation to a person to enter into an underwriting agreement with respect to such securities; or

(b) in relation to securities which were not offered to the public.

(2) A copy of the prospectus shall, on a request being made by any person before the closing of the subscription list and the offer, be furnished to him.

(3) If a company makes any default in complying with the provisions of this section, it shall be liable to a penalty of fifty thousand rupees for each default.

Frequently asked questions

What does Companies Act, 2013, Section 33 provide?

Section Section 33 of the Companies Act, 2013, (Issue of Application Forms for Securities) is reproduced on this page as part of the Companies Act, 2013,. 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 Companies Act, 2013, Section 33?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Companies Act, 2013, Section 33. 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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