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    <title>PROVISIONS RELATING TO ‘FRAUD’ UNDER COMPANIES ACT, 2013</title>
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    <description>Fraud under the Companies Act covers acts, omissions, concealment or abuse of position committed with intent to deceive, gain undue advantage, or injure a company, its shareholders, creditors or others, regardless of wrongful gain or loss. Persons in control-promoters, directors, officers-or others who connive at deceptive conduct are liable where fraudulent misrepresentations or concealments occur across incorporation documents, prospectuses, securities applications, share certificates, transfers, capital reduction, deposit acceptance, and related statutory filings, triggering the Act&#039;s penal and compensatory regime.</description>
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    <pubDate>Sat, 05 Oct 2013 08:35:40 +0530</pubDate>
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