Indian Bare Acts

The Companies Act, 1956

Title : The Companies Act, 1956

Year : 1956

Sec606    -     Penalty for contravention of sections 603, 604 and 605.

    Any person who is knowingly responsible

      (a) for the issue, circulation or distribution of a prospectus; or

      (b) for the issue of a form of application for shares, debentures or Indian Depository Receipts;

    in contravention of any of the provisions of sections 603, 604, 605 and 605A, shall be punishable with imprisonment for a term which may extend to six months, or with fine which may extend to fifty thousand rupees, or with both.

Last updated on May, 2015

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