Business Studies, asked by parvathymalu369, 9 months ago

maximum penality for corporate
fraud in India

Answers

Answered by thanyabgangandhar8

Answer:

Any person who is found guilty of fraud shall be punishable with imprisonment for a term which shall not be less than six (06) months but which may extend to ten (10) years and shall also be liable to a fine which shall not be less than the amount involved in the fraud, but which may extend to three (03) times the amount...

Answered by CharanHarshith2010

Explanation:

Any person who is found guilty of fraud shall be punishable with imprisonment for a term which shall not be less than six (06) months but which may extend to ten (10) years and shall also be liable to fine which shall not be less than the amount involved in the fraud, but which may extend to three (03) times the amount ...

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