Transcript Penalties Prosecution under Companies Act, 2013

PENALTIES & PROSECUTION
UNDER COMPANIES ACT, 2013
By Savithri Parekh
Flow of the session
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Report of the JJ Irani Coimmittee
Officer in default
Cognisable Vs non cognisable offence
Compounding & non compoundable offence
Additional penalties under the Rules
Cannons of penalty followed under the
Act
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Deterrent
Procedural non compliances
Non disclosure leading to benefit
Liability of professionals – sec 143(15), 147(3)
Important chapters & Violations
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Chapter VII
Chapter XI
Chapter XII
Chapter XIII
Power of the high court to grant relief
Thank you