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        Companies Law

        Section 267 - Omitted

        Companies Act, 2013
        Chapter XIX
        REVIVAL AND REHABILITATION OF SICK COMPANIES

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        Companies Act Section 267 omitted, removing prior criminal penalties; earlier punishment included up to seven years' imprisonment and fines. Section 267 of the Companies Act, 2013 was omitted effective 15-11-2016 by amendment; previously it criminalised breaches of the Chapter on revival and rehabilitation, false statements or evidence, and tampering with records, prescribing imprisonment up to seven years and a fine up to ten lakh rupees.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Companies Act Section 267 omitted, removing prior criminal penalties; earlier punishment included up to seven years' imprisonment and fines.

                                Section 267 of the Companies Act, 2013 was omitted effective 15-11-2016 by amendment; previously it criminalised breaches of the Chapter on revival and rehabilitation, false statements or evidence, and tampering with records, prescribing imprisonment up to seven years and a fine up to ten lakh rupees.


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