Prosecution u/s 631
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 October 2011
A pvt. ltd. co. was running without registration with ROC . The company owners were also having bogus Memorandum & Articles, naming 2 persons as directors and 3 other persons as subscribers (Total 5 persons).The M/A was caught by ROC . Nowadvise whther ROC can file prosecution u/s 631 against directors only or against subscribers also.
Whethet 631 offence is compoundable.
Whethet 631 offence is compoundable.
03 October 2011
Dear
Firstly to inform you that this is a compoundable offence under section 621 A of the Companies Act 1956.
Secondly no doubt all the five persons will become the party in this case....
Firstly to inform you that this is a compoundable offence under section 621 A of the Companies Act 1956.
Secondly no doubt all the five persons will become the party in this case....
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