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[Cites 0, Cited by 0] [Section 447] [Entire Act]

Union of India - Subsection

Section 447(i) in The Companies Act, 2013

(i)“fraud” in relation to affairs of a company or any body corporate, includes any act, omission, concealment of any fact or abuse of position committed by any person or any other person with the connivance in any manner, with intent to deceive, to gain undue advantage from, or to injure the interests of, the company or its shareholders or its creditors or any other person, whether or not there is any wrongful gain or wrongful loss;