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        Companies Law

        Section 446A - Factors for determining level of punishment

        Companies Act, 2013
        Chapter XXVIII
        SPECIAL COURTS

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        Companies Act penalties must consider company size, business nature, public injury, default nature and repetition. Section 446A directs the court or Special Court, in determining fines or imprisonment under the Companies Act, to consider the size of the company, nature of its business, injury to public interest, the nature of the default and repetition of the default.
                          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 penalties must consider company size, business nature, public injury, default nature and repetition.

                              Section 446A directs the court or Special Court, in determining fines or imprisonment under the Companies Act, to consider the size of the company, nature of its business, injury to public interest, the nature of the default and repetition of the default.


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