answersLogoWhite

0

Under the Companies Act 2013, the Punishment for the Offences by Officers of Companies in Liquidation is provided under Section 336 of the Act. The Punishment for the Offences by Officers of Companies in Liquidation is as follows:

The Officer of Company in Liquidation shall be punished with imprisonment which should not be less than 3 years and which can be extended to 5 years, and

The Officer of Company in Liquidation shall be punished with a fine which should be less than 1 lakh Rupees and which can be extended to 3 lakh Rupees.

Note: If the accused Officer of Company in Liquidation proves that he/she had no intent to defraud or conceal the company's true affairs or defeat the law, will result into a good defence for him/her.

User Avatar

894patel.nikita

Lvl 10
11mo ago

What else can I help you with?

Related Questions

Which offences can get one handcuffed in the US?

Many offences can get one handcuffed in the U.S.A. including a routine stop if there is reason to believe one has committed an offence and is a risk to the officers and/or public.


How are laws enforced in England?

In English law a crime may be described as an act,default, or conduct prejudicial to the community,the commission of which by law renders the person responsible liable to punishment by fine or imprisonment in special preceedings,normally instituted by officers in the service of the Crown.Indictable offences (other than treason) were formerly divided into felonies and misdemeanours but the distinction between the two was abolished by the Criminal Law Act 1967. Crimes are now classified as indictable offences or summary offences. Offences which may only be tried on indictment are tried by the Crown court before a judge and jury; offences which are triable summarily will be tried before justices of the peace in a Magistrates court; some offences are triable either way and may be tried in the Crown or in the Magistrates court.


Which companies or institution hire probation officers?

Monkeys


Who acts to prevent the liquidation of the camp on night chapter 7-9?

Elie's father acts to prevent the liquidation of the camp in night chapter 7-9 by persuading Elie to stay in the infirmary during the selection process. He tells the SS officers that Elie is sick and unable to move, which ultimately saves Elie from being sent to the gas chambers.


Where can i get safety job in south Africa?

Most companies have a safety department or safety officers.


What is the meaning of roster?

A register or roll showing the order in which officers, enlisted men, companies, or regiments are called on to serve.


What jobs are available at a mortgage company?

Mortgage companies offer jobs such as loan officers, correspondent mortgage lenders, bank loan officers as well as clerical positions. If you are able to obtain a job, several promotions are available into management positions. http://mortgagejobs.cybercoders.com/ offers a job search for mortgage companies.


Which airports need security officers?

TSA, BAA, SIA, and for more air port companies in need of security officers you can regularly check your newspapers if any such job advertisement gets printed or research on the internet.


How many compaines did a typical revolutionary infantry regiment have in 1776?

By 1776 a typical infantry regiment had a regimental staff and eight companies. Along with three field officers and six staff officers, the regimental staff included four staff NCOs: a sergeant major, a quartermaster sergeant, and two lead musicians (a drum major and a fife major).


How many companies did a revolutionary infantry have in 1776?

By 1776 a typical infantry regiment had a regimental staff and eight companies. Along with three field officers and six staff officers, the regimental staff included four staff NCOs: a sergeant major, a quartermaster sergeant, and two lead musicians (a drum major and a fife major).


How many companies did a revolutionary regiment have in 1776?

By 1776 a typical infantry regiment had a regimental staff and eight companies. Along with three field officers and six staff officers, the regimental staff included four staff NCOs: a sergeant major, a quartermaster sergeant, and two lead musicians (a drum major and a fife major).


What has the author J Ll J Edwards written?

J. Ll. J. Edwards has written: ''Mens rea' in statutory offences' 'Ministerial responsibility for national security as it relates to the offices of Prime Minister, Attorney General and Solicitor General of Canada' 'The law officers of the Crown'