Section 450 of the Companies Act, 2013

Section 450 of the Companies Act, 2013

Title: Punishment for false evidence

Summary:

If any person gives false evidence in any proceeding under the Companies Act, 2013, they shall be punished.

The punishment is imprisonment for a term which may extend to seven years, or

A fine, or both.

Explanation:

This section deals with perjury or giving false statements or evidence during company law proceedings.

It aims to ensure truthfulness and integrity in legal processes related to companies.

 

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