Companies Act, 2013
448.
Punishment
for false statement.
Save
as otherwise provided in this Act, if in any return, report, certificate,
financial statement, prospectus, statement or other document required by, or
for, the purposes of any of the provisions of this Act or the rules made there
under, any person makes a statement,—
a. which is false in any
material particulars, knowing it to be false; or
b. which omits any
material fact, knowing it to be material, he shall be liable under section 447.