StartupAhmedabad
Menu
Call +91 73832 47698 Free Consultation

Home › Companies Act, 2013 › Chapter XXIX › Section 447

Companies Act, 2013 · Chapter XXIX · Miscellaneous

Section 447 of the Companies Act, 2013 Punishment for fraud

In force Change proposed — not yet law

A change is proposed to this section. The Corporate Laws (Amendment) Bill, 2026 (Bill No. 85 of 2026) would amend section 447. It was introduced in Lok Sabha on 23 March 2026 and referred to a Joint Parliamentary Committee, which presented its report on 3 August 2026. It is not law, and the section applies as it stands until a passed Bill is notified. Bill summary on PRS India.
Plain-English explainer coming. We add explainers in order of how often a section is looked up. Until this one is written and checked, the quickest route is the official text of the Act on India Code. If you need this section explained for your company now, tell us and we will prioritise it.
Official text on India Code ↗ Ask us about section 447

Related sections

Sections that refer to this one:

7Incorporation of company8Formation of companies with charit...34Criminal liability for mis-stateme...36Punishment for fraudulently induci...38Punishment for personation for acq...46Certificate of shares56Transfer and transmission of secur...66Reduction of share capital75Damages for fraud76APunishment for contravention of se...86Punishment for contravention90Register of significant beneficial...
← Previous section446B. Lesser penalties for certain companies Next section →448. Punishment for false statement

Section number, heading and status: Companies Act, 2013 as consolidated on India Code (amendments to about 2020–21). General information, not legal advice; confirm on the official sources before relying on a provision.

Last Note

If your startup could only get one thing right, make it the registration.

That is what we help you decide. Then we file it, register it, and keep it compliant year after year — from Ahmedabad, for Ahmedabad.

Start the Conversation Call +91 73832 47698
Call Now WhatsApp