Section - 621 - Companies Act, 1956

Section - 621 - Offences against Act to be cognizable only on complaint by Registrar, shareholder or Government

Offences

Offences against Act to be cognizable only on complaint by Registrar, share-holder or Government.

621. (1) No Court shall take cognizance of any offence against this Act

[***], which is alleged to have been committed by any company or any officer thereof, except on the complaint in writing of the Registrar, or of a shareholder of the company, or of a person authorised by the Central Government in that behalf :

Provided that nothing in this sub-section shall apply to a prosecution by a company of any of its officers:

[Provided further that the court may take cognizance of offence relating to issue and transfer of securities and non-payment of dividend on a complaint in writing by a person authorised by the Securities and Exchange Board of India.]

[(1A) Notwithstanding anything contained in the Code of Criminal Procedure, 1898

(5 of 1898), where the complainant under sub-section (1) is the Registrar or a person authorised by the Central Government, the personal attendance of the complainant before the Court trying t .... To read the full section download the app from Google Play store