Section 446 of the Companies Act, 2013: Application of fines

The Companies Act, 2013

Chapter– XXVIII Special Courts

Section 446: Application of fines.

*446. The court imposing any fine under this Act may direct that the whole or any part thereof shall be applied in or towards payment of the costs of the proceedings, or in or towards the payment of a reward to the person on whose information the proceedings were instituted.


Reference

*Effective from 12.09.2013.

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