Section 448 of the Companies Act, 2013: Punishment for false statement

The Companies Act, 2013

Chapter– XXIX Miscellaneous

Section 448: Punishment for false statement.

*448. Save as otherwise provided in this Act, if in any return, report, certificate, financial statement, prospectus, statement or other document required by, or for, the purposes of any of the provisions of this Act or the rules made thereunder, any person makes a statement,—

(a) which is false in any material particulars, knowing it to be false; or

(b) which omits any material fact, knowing it to be material,

he shall be liable under section 447.


Reference

*Effective from 12.09.2013.


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