Section 68 provides that any person who, either knowingly or recklessly making any statement promise or forecast which is false, deceptive or misleading, or by any dishonest concealment of material facts, induces or attempts to induce another person to enter into or to offer to enter into any agreement for, or with a view to acquiring, depositing of, subscribing for, underwriting shares or debentures, shall be punishable with imprisonment for a term which may extend to five years or with fine which may extend to Rs. 1,00,000 or with both.
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