What remedy is available if any person collects share money or any other sum by misrepresentation to the propsective members in the name of the society to be registered ?

What remedy is available if any person collects share money or any other sum by misrepresentation to the propsective members in the name of the society to be registered ?

It will amount to an offense u/s 146 of MCS Act 1960.
 Such person can be prosecuted in the court of law with provision approval of DJR of concerned Division u/s 148.

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