Issuing undated and unsigned circular by stock broker containing statements contrary to terms of sanction by Controller of Capital Issues ‑ Whether attracts penal provisions

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..... ontaining statements contrary to terms of sanction by Controller of Capital Issues ‑ Whether attracts penal provisions Recently it came to the notice of the Government that a firm of stock brokers, who were acting as underwriters to the issue of capital by a company, had issued an undated and unsigned circular which contained statements which materially differed and were contrary to t .....

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