Ultimate Law Resources : Database for Lawyers
(1) If any prospectus is issued, in contravention of section 54 or 55, the company, and every person who is knowingly a party to the issue thereof, shall be punishable with fine not exceeding five thousand rupees. (2) In section 54 and 55, the expression expert includes an engineer, a valuer, an accountant and every other person whose profess...
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