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Companies Act

Section 446A. Factors For Determining Level Of Punishment

Narendra Kumar
04 Dec, 2023 04 Dec, 2023
Companies Act, 2013

1[446A. Factors for determining level of punishment— The court or the Special Court, while deciding the amount of fine or imprisonment under this Act, shall have due regard to the following factors, namely:–

(a) size of the company;

(b) nature of business carried on by the company;

(c) injury to public interest;

(d) nature of the default; and

(e) repetition of the default.]

References

  1. Ins. by Act 1 of 2018, s. 91 (w.e.f. 9-2-2018)
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