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      Question

      What is the punishment for false evidence under

      Companies Act 2013 ?
      A Imprisonment for a term upto three years and with fine which may extend to ten lakh rupees. Correct Answer Incorrect Answer
      B 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. Correct Answer Incorrect Answer
      C Imprisonment for a term which shall not be less than two years but which may extend to seven years and with fine which may extend to five lakh rupees. Correct Answer Incorrect Answer
      D 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 five lakh rupees. Correct Answer Incorrect Answer

      Solution

      Section 449 of Companies Act - Punishment for false evidenceтАФSave as otherwise provided in this Act, if any person intentionally gives false evidenceтАФ (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.

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