{"id":79964,"date":"2023-11-13T18:42:46","date_gmt":"2023-11-13T13:12:46","guid":{"rendered":"https:\/\/enterslice.com\/learning\/?post_type=act&#038;p=79964"},"modified":"2023-11-13T18:42:48","modified_gmt":"2023-11-13T13:12:48","slug":"section-36","status":"publish","type":"act","link":"https:\/\/enterslice.com\/learning\/act\/companies-act-2013\/section-36\/","title":{"rendered":"Section 36. Punishment For Fraudulently Inducing Persons To Invest Money"},"content":{"rendered":"\n<div class=\"wp-block-group is-layout-constrained\"><div class=\"wp-block-group__inner-container\">\n<p>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,-<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p>(a) any agreement for, or with a view to, acquiring, disposing of, subscribing for, or underwriting securities; or<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p>(b) any agreement, the purpose or the pretended purpose of which is to secure a profit to any ofthe parties from the yield of securities or by reference to fluctuations in the value of securities; or<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p>(c) any agreement for, or with a view to obtaining credit facilities from any bank or financial institution,<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p>shall be liable for action under section 447.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>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; [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":79763,"parent":79755,"menu_order":0,"template":"","format":"standard","meta":[],"categories":[11445],"tags":[1007],"acf":{"service_id":"215"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v14.6.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Section 36. 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