https://www.taxtmi.com/acts?id=15889 Clause 452 penalises officers or employees who wrongfully obtain or withhold company property, including cash, or knowingly apply it contrary to the articles or the Act; liability is actionable on complaint by the company or any member, creditor or contributory. The court may order delivery or refund of the property or benefits derived and, for non compliance with such orders, may impose imprisonment up to the statutory maximum. en-us Fri, 23 Dec 2011 18:39:54 +0530 Fri, 23 Dec 2011 18:39:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=15889 Clause 452 penalises officers or employees who wrongfully obtain or withhold company property, including cash, or knowingly apply it contrary to the articles or the Act; liability is actionable on complaint by the company or any member, creditor or contributory. The court may order delivery or refund of the property or benefits derived and, for non compliance with such orders, may impose imprisonment up to the statutory maximum. Act-Rules Bills Fri, 23 Dec 2011 18:39:54 +0530 https://www.taxtmi.com/acts?id=15889