TMI BlogIssue of application forms for securitiesX X X X Extracts X X X X X X X X Extracts X X X X ..... ication 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 rup ..... X X X X Extracts X X X X X X X X Extracts X X X X
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