law: Companies Act, 2013 
  33.
  
   Issue
  
  of application forms for securities.
  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.
  1.     
  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.