Amended and updated notes on section 449 of Companies Act 2013. Detail discussion on provisions and rules related to punishment for false evidence.
Chapter XXIX (Sections 447–470) of the Companies Act, 2013 (CA 2013) deals with the provisions related to miscellaneous. Section 449 of CA 2013 provides for punishment for false evidence.
Recently, we have discussed in detail section 448 (Punishment for false statement) of CA 2013. Today, we learn the provisions of section 449 of the Companies Act 2013.
The provisions of section 449 are effective from 12th September, 2013. You may refer Notification No. S.O. 2754(E) dated 12.09.2013. In this article, you will learn detail of the provisions of section 449 the Companies Act 2013.
| Name of Act | The Companies Act 2013 |
|---|---|
| Enacted by | Parliament of India |
| Administered by | Ministry of Corporate Affairs (MCA) |
| Number of Chapters | 29 |
| Number of Sections | 484 (470-43+57) |
| Number of Schedules | 7 |
| You are reading: | |
| Chapter No. | XXIX |
| Chapter Name | Miscellaneous |
| Section No. | 449 |
| Section Name | Punishment for false evidence |
| Monthly Updated Edition | Company Law PDF |
Section 449 of Companies Act 2013: Punishment for false evidence
Section 449 shall come into force on 12th September, 2013 vide Notification No. S.O. 2754(E) dated 12.09.2013.
Save as otherwise provided in this Act, if any person intentionally gives false evidence—
- (a) upon any examination on oath or solemn affirmation, authorised under this Act; or
- (b) in any affidavit, deposition or solemn affirmation, in or about the winding up of any company under this Act, or otherwise in or about any matter arising under this Act,
he shall be punishable with imprisonment for a term which shall not be less than three years but which may extend to seven years and with fine which may extend to ten lakh rupees.