LawgistThe Companies Act
453Punishment for improper use of ―Limited‖ or ―Private Limited‖
If any person or persons trade or carry on business under any name or title, of which the word "Limited" or the words "Private Limited" or any contraction or imitation thereof is or are the last word or words, that person or each of those persons shall, unless duly incorporated with limited liability, or unless duly incorporated as a private company with limited liability, as the case may be, punishable with fine which shall not be less than five hundred rupees but may extend to two thousand rupees for every day for which that name or title has been used.
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MISCELLANEOUS
- 447 Punishment for frau
- 448 Punishment for false statement
- 449 Punishment for false evidence
- 450 Punishment where no specific penalty or punishment is provided
- 451 Punishment in case of repeated defaul
- 452 Punishment for wrongful withholding of propert
- 453 Punishment for improper use of ―Limited‖ or ―Private Limited‖
- 454 Adjudication of penalties
- 455 Dormant company
- 456 Protection of action taken in good faith
- 457 Non-disclosure of information in certain cases
- 458 Delegation by Central Government of its powers and functions
- 459 Power of Central Government of Tribunal to accord approval, etc., subject to conditions and to prescribe fees on application
- 460 Condonation of delay in certain case
- 461 Annual report by Central Governmen
- 462 Power to exempt class or classes of companies from provisions of this Act
- 463 Power of court to grant relief in certain cases
- 464 Prohibition of association or partnership of persons exceeding certain number
- 465 Repeal of certain enactments and savings
- 466 Dissolution of Company Law Board and consequential provisions
- 467 Power of Central Government to amend Schedules
- 468 Power of Central Government to make rules relating to winding up
- 469 Power of Central Government to make rules
- 470 Power to remove difficulties
