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TypeBare Act JurisdictionCentral Government

Companies Act, 2013, Section 36

Punishment for Fraudulently Inducing Persons to Invest Money

~1 min read
https://sooperkanoon.com/act/62413

Bare act section · Research

About this section

Companies Act, 2013, Section 36 is part of Companies Act, 2013, - Punishment for Fraudulently Inducing Persons to Invest Money. Read the section text below and explore Indian court judgments that cite it.

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Section Text

Any person who, either knowingly or recklessly makes any statement, promise or forecast which is false, deceptive or misleading, or deliberately conceals any material facts, to induce another person to enter into, or to offer to enter into,--

(a) any agreement for, or with a view to, acquiring, disposing of, subscribing for, or underwriting securities; or

(b) any agreement, the purpose or the pretended purpose of which is to secure a profit to any of the parties from the yield of securities or by reference to fluctuations in the value of securities; or

(c) any agreement for, or with a view to obtaining credit facilities from any bank or financial institution,

shall be liable for action under section 447.

Frequently asked questions

What does Companies Act, 2013, Section 36 provide?

Section Section 36 of the Companies Act, 2013, (Punishment for Fraudulently Inducing Persons to Invest Money) 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 36?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Companies Act, 2013, Section 36. 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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