Section 404 — Penalty for false evidence
Statute text
If any person, upon any examination
upon oath authorised under this Act, or in any affidavit, disposition or solemn
affirmation, in or about the winding up of any company under this Act, or otherwise
in or about any matter arising under this Act, intentionally gives false evidence, he
shall be liable to imprisonment for a term which may extend to three years, and
shall also be liable to a fine which may extend to one million rupees.