Violation of Company Law

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..... Violation of Company Law
News and Press Release
Dated:- 23-11-2012

Press Information Bureau Government of India Ministry of Corporate Affairs 22-November-2012 18:09 IST Companies Ac .....

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..... t, 1956 is a voluminous legislation under which companies are required to make large number of disclosures and meet many procedural requirements as provided I the Act. Scrutiny of filings of companies .....

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..... to detect technical violations of the Act in such cases is carried out on a regular basis by Registrars of Companies all over the country and action for non-compliance is largely in the form of colle .....

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..... ction of additional fee and compounding fee. In more serious cases enquiry/inspection/investigation are carried out and cases of violations result in prosecutions. During the last three years (2009-12 .....

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..... ) such prosecutions have resulted in 8186 convictions. This was stated by the Minister of State for Corporate Affairs (I/C) Shri Sachin Pilot in written reply to a question in the Lok Sabha today. * .....

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..... * * ST/bs
News - Press release - PIB .....

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