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CHAPTER XXVIII SPECIAL COURTS

Section 446A: Factors for determining level of punishment

The Companies Act, 2013

1[The court or the Special Court, while deciding the amount of fine or imprisonment under this Act, shall have due regard to the following factors, namely:—

(a) size of the company;

(b) nature of business carried on by the company;

(c) injury to public interest;

(d) nature of the default; and

(e) repetition of the default.

Footnotes in the official text

  1. 1.Ins. by Act 1 of 2018, s. 91 (w.e.f. 9-2-2018).

Practise questions on Company Law