Introducing the “In Favour Of” filter in Case Laws.
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Introducing the “In Favour Of” filter in Case Laws.
Try it now in Case Laws →
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of <h1>False or misleading statements or omitted material facts in Companies Act filings, triggering Section 447 fraud liability and punishment.</h1> Any person who, in a return, report, certificate, financial statement, prospectus, statement, or other document required by or for the purposes of the Companies Act, 2013 or the rules made thereunder, makes a statement that is false in any material particular knowing it to be false, or omits any material fact knowing it to be material, is subject to liability under section 447, resulting in punishment as prescribed for fraud.
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