Section 446A. Factors for determining level of punishment.

Short Title, Extent, Commencement and Application

1[446A. The court or the Special Court, while deciding the amount of fine or imprisonment under this Act, shall have due regard to the following factors, namely:-

(a) size of the company;

(b) nature of business carried on by the company;

(c) injury to public interest;

(d) nature of the default; and

(e) repetition of the default.]

Amendment

1.Inserted by The Companies (Amendment)Act,2017