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Violation of Companies Act.

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....iolation of Companies Act. <br>News and Press Release<br>Dated:- 25-8-2011<br><BR>Press Information Bureau Government of India Ministry of Corporate Affairs 25-August-2011 17:34 IST Violation of....

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.... Companies Act The Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh today informed the Lok Sabha that the number of prosecutions filed for the violations of the provisions of....

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.... the Companies Act, 1956 and disposed of during last three years are as under:- Year No of cases Filed Disposed of 2007-08 17080 6993 2008-09 13971 10506 2009-10 9021 7647 The cases which ....

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....are pending in various Magisterial Courts in the Country are at different stages, such as, filing of reply by the respondents, examination of witnesses etc. It is an ongoing process of the trials befo....

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....re the courts. The violations are in the nature of 'economic offences' which lie in the jurisdiction of Magisterial Courts and not the Company Law Board. The Minister was replying to a written q....

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....uestion on the number of prosecution initiated by the Government on the errant companies which have violated the Companies Act, 1956 during each of the last three years and whether the Government has ....

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....approached the Company Law Board with regard to the pending cases of violation? ***** ST/-<BR> News - Press release - PIB....