Contravention scope widened to cover breaches of the Act and its subordinate rules, expanding corporate regulatory liability. The amendment broadens section 21 by substituting 'contravention' for 'offence' and by extending coverage to 'a contravention of any of the provisions of this Act or any rule, regulation, direction or order made thereunder,' thereby capturing breaches of both the Act and subordinate regulatory instruments and aligning the marginal heading to 'Contravention by companies.'
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.
Contravention scope widened to cover breaches of the Act and its subordinate rules, expanding corporate regulatory liability.
The amendment broadens section 21 by substituting "contravention" for "offence" and by extending coverage to "a contravention of any of the provisions of this Act or any rule, regulation, direction or order made thereunder," thereby capturing breaches of both the Act and subordinate regulatory instruments and aligning the marginal heading to "Contravention by companies."
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