Companies Act convictions at 8,100
Minister of State for Corporate Affairs Sachin Pilot in a written reply to the Lower House said scrutiny of filings of companies to detect technical violations of the Act is carried out on a regular basis by Registrars of Companies all over the country.
Action for non-compliance is largely in the form of collection of additional fee and compounding fee, he added.
In more serious cases inquiry/inspection/investigation are carried out and cases of violation result in prosecutions, he said.
"During the last three years (2009-12) such prosecutions have resulted in 8,186 convictions," he said.
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