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