Web18 hours ago · The court in Pune took cognisance of the complaint last April and issued an order to initiate a process against the accused named in the complaint on charges of offence punishable under Section 447 of the Companies Act, 2013. Web12 Apr 2024 · SECTION 447. PUNISHMENT FOR FRAUD. [ Effective from 12th September, 2013] Without prejudice to any liability including repayment of any debt under this Act or …
India: Note On Vicarious Liability Of Directors And Shareholders - Mondaq
WebThe Companies Acts contain over 150 offence creating provisions many of which must be read in conjunction with various other provisions which do not themselves create … http://corporatelawreporter.com/companies_act/section-447-of-companies-act-2013-punishment-for-fraud/ bmax brompton
Corporate Frauds, Money Laundering and Benami Properties in …
Web8 Feb 2024 · This is the question that Section 447 of the Companies Act (CA, 2013) poses. Section 447 makes fraud a penal offence. Prior to introduction of Section 447, provisions … Webspecific bar under the Companies Act for any other Court or Tribunal to take cognizance of any offence which has been committed under the Companies Act, the National Company Law Tribunal, Indore Bench has no jurisdiction to entertain such a complaint or even since the main offence under Section 449 of Companies Act, the procedure as prescribed ... Web29 Aug 2024 · Section 447 of the Companies Act, has an explanation which defines fraud for the application of Section 447 of the Companies Act and bare reading of that Section … bmax black screen