Falsification of company books: intent to defraud attracts imprisonment and fine under Companies Act provisions. Section 539 penalises any officer or member of a company, where an application under sections 397 or 398 has been made, who with intent to defraud or deceive destroys, mutilates, alters, falsifies or secretes company books, papers or securities, or makes or is privy to false or fraudulent entries in company registers, books of account or documents, by subjecting the offender to imprisonment and a fine.
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Provisions expressly mentioned in the judgment/order text.
Falsification of company books: intent to defraud attracts imprisonment and fine under Companies Act provisions.
Section 539 penalises any officer or member of a company, where an application under sections 397 or 398 has been made, who with intent to defraud or deceive destroys, mutilates, alters, falsifies or secretes company books, papers or securities, or makes or is privy to false or fraudulent entries in company registers, books of account or documents, by subjecting the offender to imprisonment and a fine.
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