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[Cites 0, Cited by 0] [Section 538] [Entire Act]

Union of India - Subsection

Section 538(2) in The Companies Act, 1956

(2)Where any person pawns, pledges or disposes of any property in circumstances which amount to an offence under clause (o) of sub-section (1), every person who takes in pawn or pledges or otherwise receives the property, knowing it to be pawned, pledged, or disposed of in such circumstances as aforesaid, shall be punishable with imprisonment for a term which may extend to three years, or with fine, or with both.