Section-33: Issue of Application Forms for Securities Issue of Application Forms for Securities Notified Date of Section: 12/09/2013 33. (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. Note: *Sub-section (3) has been notified as on 01/04/2014. Related posts:Section-159: Penalty for Default of Certain ProvisionsSection-457: Nondisclosure of Information in Certain CasesSection-29: Public Offer of Securities to be in Dematerialised Form By Editor|2021-07-06T04:48:22+05:30July 6th, 2021|Companies Act, 2013|0 Comments Share This Story, Choose Your Platform! FacebookTwitterRedditLinkedInWhatsAppTumblrPinterestVkEmail About the Author: Editor Related Posts Section 407: Definitions Section 407: Definitions Section-366: Companies Capable of Being Registered Section-366: Companies Capable of Being Registered Section-470: Power to Remove Difficulties Section-470: Power to Remove Difficulties Section-469: Power of Central Government to Make Rules Section-469: Power of Central Government to Make Rules Section-468: Powers of Central Government to Make Rules Relating to Winding Up Section-468: Powers of Central Government to Make Rules Relating to Winding Up Leave A Comment Cancel replyYou must be logged in to post a comment.
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