Companies Act

Section 449. Punishment For False Evidence

Save as otherwise provided in this Act, if any person intentionally gives false evidence–

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(a) upon any examination on oath or solemn affirmation, authorised under this Act; or

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(b) in any affidavit, deposition or solemn affirmation, in or about the winding up of any company under this Act, or otherwise in or about any matter arising under this Act,

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he shall be punishable with imprisonment for a term which shall not be less than three years but which may extend to seven years and with fine which may extend to ten lakh rupees.