Any person who makes any statement which is false deceptive or misleading to induce another person t...........

Companies Act-Phase (I & II) Prospectus

Any person who makes any statement which is false, deceptive or misleading to induce another person to subscribe any securities of the company shall be liable:

For Fraud under section 447 of Companies Act, 2013

For termination from Job

For Torts under law of torts

None of the above

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Explanation:

As per Section 36 of Companies Act, 2013 any person who makes any statement which is false, deceptive or misleading to induce another person to enter into an agreement to subscribe any securities of the company shall be liable for Fraud under section 447 of Companies Act, 2013