Section 453 Punishment for improper use of “Limited” or “Private Limited” – Companies Act 2013

Amended and updated notes on section 453 of Companies Act 2013. Provisions related to punishment for improper use of “Limited” or “Private Limited”.

Amended and updated notes on section 453 of Companies Act 2013. Detail discussion on provisions and rules related to punishment for improper use of “Limited” or “Private Limited”.

Chapter XXIX (Sections 447470) of the Companies Act, 2013 (CA 2013) deals with the provisions related to miscellaneous. Section 453 of CA 2013 provides for punishment for improper use of “Limited” or “Private Limited”

Recently, we have discussed in detail section 452 (Punishment for wrongful withholding of property) of CA 2013. Today, we learn the provisions of section 453 of the CA 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.XXIX
Chapter NameMiscellaneous
Section No.453
Section NamePunishment for improper use of “Limited” or “Private Limited”
Monthly Updated EditionCompany Law PDF

Section 453 of Companies Act 2013: Punishment for improper use of “Limited” or “Private Limited”

Section 453 shall come into force on 12th September, 2013 vide Notification No. S.O. 2754(E) dated 12.09.2013

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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