Section 446A
Factors for determining level of punishment.
About this Act
An Act to consolidate and amend the law relating to companies.
1[446A. Factors for determining level of punishment-- 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.]
(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.]
Notes
1. Ins. by Act 1 of 2018, s. 91 (w.e.f. 9-2-2018)