Section 229 Penalty for furnishing false statement, mutilation, destruction of documents – Companies Act 2013

Amended and updated notes on section 229 of Companies Act 2013. Provisions for penalty for furnishing false statement, mutilation, destruction of documents.

Amended and updated notes on section 229 of Companies Act 2013. Detail discussion on provisions and rules related to penalty for furnishing false statement, mutilation, destruction of documents.

Chapter XIV (Sections 206229) of the Companies Act, 2013 (CA 2013) deals with the provisions related to Inspection, Inquiry and Investigation. Section 229 of CA 2013 provides for penalty for furnishing false statement, mutilation, destruction of documents.

Recently, we have discussed in detail section 228 (Investigation, etc., of foreign companies) of CA 2013. Today, we learn the provisions of section 229 of Companies Act 2013.

The provisions of section 229 are effective from 1-April-2014. You may refer Notification No. S.O. 902(E) issued dated 27-03-2014. In this article, you will learn detail of the provisions of section 229 of the Companies Act 2013.

Name of ActThe Companies Act 2013
Enacted byParliament of India
Administered byMinistry of Corporate Affairs (MCA)
Number of Chapters29
Number of Sections484 (470-43+57)
Number of Schedules7
You are reading:
Chapter No.XIV
Chapter NameInspection, Inquiry and Investigation
Section No.229
Section NamePenalty for furnishing false statement, mutilation, destruction of documents
Monthly Updated EditionCompany Law PDF

Section 229 of Companies Act 2013: Penalty for furnishing false statement, mutilation, destruction of documents

Section 229 shall come into force on 1st April, 2014 vide Notification No. S.O. 902(E) issued dated 27.03.2014.

Where a person who is required to provide an explanation or make a statement during the course of inspection, inquiry or investigation, or an officer or other employee of a company or other body corporate which is also under investigation, —

  • (a) destroys, mutilates or falsifies, or conceals or tampers or unauthorisedly removes, or is a party to the destruction, mutilation or falsification or concealment or tampering or unauthorised removal of, documents relating to the property, assets or affairs of the company or the body corporate;
  • (b) makes, or is a party to the making of, a false entry in any document concerning the company or body corporate; or
  • (c) provides an explanation which is false or which he knows to be false,

he shall be punishable for fraud in the manner as provided in section 447.


Open Demat Account

For Investing or Trading

(Best Investing and Trading Platform in India)

Learn More