Friday, August 19, 2016

Section 446 of Companies Act 2013

Section 446 of Companies Act 2013 :-

Application of fines.

The court imposing any fine under this Act may direct that the whole or any part thereof shall be applied in or towards payment of the costs of the proceedings, or in or towards the payment of a reward to the person on whose information the proceedings were instituted.

India's Important Case Laws and Landmark Judgments on Companies Act 2013.

Section 446 Companies Act 1956 has been repealed.

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