Personation for acquisition, etc., of shares.
Section – 68A. (1) Any person who—
(a ) makes in a fictitious name an application to a company for acquiring, or subscribing for, any shares therein, or
(b ) otherwise induces a company to allot, or register any transfer of, shares therein to him, or any other person in a fictitious name,
shall be punishable with imprisonment for a term which may extend to five years.
(2) The provisions of sub-section (1) shall be prominently reproduced in every prospectus issued by the company and in every form of application for shares which is issued by the company to any person.]