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Introducing the βIn Favour Ofβ filter in Case Laws.
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<h1>Central Government Can Demand Company Info Under Section 615 of Companies Act, 1956; Penalties for Non-Compliance.</h1> Section 615 of the Companies Act, 1956 grants the Central Government the authority to mandate companies or specific classes of companies to provide information or statistics regarding their constitution or operations. Orders for information must be published in the Official Gazette, and individual companies are served directly. The government can inspect records to verify the accuracy of the data provided and may initiate inquiries if necessary. Non-compliance or providing false information can lead to penalties, including imprisonment or fines. The provision also applies to foreign corporations operating in India and extends to current or former officers of the company.