Section 97: To supply misleading statements

If a person intentionally commits any of the following acts to encourage others to purchase or sell securities, such a person shall be deemed to have committed an act of misleading:-

(a) To make or publish any statements or projection-related statements with the knowledge that such a statement is false, misleading or fake,

(b) To hide any fact or information with malafide intentions,

(c) To make or publish a false or misleading statement, promise or projection with mala fide intention.