Amendment of section 447

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..... 7 of the principal Act,- (i) after the words guilty of fraud , the words involving an amount of at least ten lakh rupees or one per cent. of the turnover of the company, whichever is lower shall .....

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..... with fine which may extend to twenty lakh rupees or with both. . - - statute, statutory provisions legislation, law, enactment, Acts, Rules, Regulations, Taxation Tax Management India - taxmanagem .....

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