Section 446A Factors for determining level of punishment
- Chapter
- XXVIII · Special Courts
- Amendments
- 1
Inserted by Companies (Amendment) Act, 2017, s. 91, with effect from 9 February 2018446A. Factors for determining level of punishment.—
Inserted by Companies (Amendment) Act, 2017, s. 91, with effect from 9 February 2018The 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:—
Inserted by Companies (Amendment) Act, 2017, s. 91, with effect from 9 February 2018(a) size of the company;
Inserted by Companies (Amendment) Act, 2017, s. 91, with effect from 9 February 2018(b) nature of business carried on by the company;
Inserted by Companies (Amendment) Act, 2017, s. 91, with effect from 9 February 2018(c) injury to public interest;
Inserted by Companies (Amendment) Act, 2017, s. 91, with effect from 9 February 2018(d) nature of the default; and
Inserted by Companies (Amendment) Act, 2017, s. 91, with effect from 9 February 2018(e) repetition of the default.