Filling of prosecution for violating of section 159/220 of the Companies Act, 1956.

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Full Text of the Document

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.... Subjects: Filling of prosecution for violating of section 159/220 of the Companies Act, 1956. It has come to the notice of the Ministry that while deciding the criminal cases filed for violations of Provisions of Section 159 and 220 of the Act 1956, the accused are normally acquitted, discharged by the Courts after imposing penalty as laid down under the Provisions of the Companies Act, 1956. Se....