Company Law Enforcement Act, 2001
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Amendment of section 371 of Act of 1963. |
96.—Section 371 of the Act of 1963 is amended— | |
(a) in subsection (1), by the insertion after “by any member or creditor of the company” of “, by the Director”, | ||
(b) in subsection (3), by the insertion after “penalties” of “(including restriction under section 150, or disqualification under section 160, of the Companies Act, 1990 )”, and | ||
(c) by the insertion of the following after subsection (3)— | ||
“(4) In this section, ‘officer of a company' and cognate words include a director, a shadow director, an officer, a promoter, a receiver, a liquidator or an auditor of a company.”. |