Companies Act, 2013

Section 377

Punishment for personation for obtaining any benefit

⚡ Quick Answer Reference: Section 377 Companies Act

Provision: Section 377 of Companies Act
Act: Companies Act, 2013
Classification: corporate
Jurisdiction: India
Liability / Punishment: Imprisonment for 3 years, or fine of 1 lakh rupees, or both

Statutory Content

What does Section 377 of Companies Act say?

If any person, by means of false pretence or by making, producing, supplying and issue any false certificate or document, obtains from any company or its agent or any other person any benefit, privilege or advantage, he shall be punishable with imprisonment for a term which may extend to three years, or with fine which may extend to one lakh rupees, or with both.

Indian StandardSection 377, Companies Act, 2013

Bluebook (21st ed.)Companies Act, 2013, § 377 (India)

Court Pleading StandardSection 377 of the Companies Act, 2013

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Source: Gazette of India (Official Publication)Verify egazette.gov.in ↗

Criminal Liability

Punishment under Section 377 Companies Act

Imprisonment for 3 years, or fine of 1 lakh rupees, or both

Common Questions about Section 377 Companies Act

What is Section 377 of Companies Act?

Section 377 of the Companies Act, 2013 (Companies Act) defines and regulates "Punishment for personation for obtaining any benefit". The section states: If any person, by means of false pretence or by making, producing, supplying and issue any false certificate or document, obtains from any company or its agent or any other person ...