Insolvency and Bankruptcy
15
Code, 2016 does not define fraud. 'Fraud' is defined in Section 17 of the Indian
Contract ... following words:-
"17. "Fraud" defined.--"Fraud" means and
includes any of the following acts committed by a
party
fraud' are not defined in IBC. The word
'Fraud' is defined under Section 17 and 'Misrepresentation' is defined
under Section ... Section 17 . 'Fraud' defined.-- „Fraud' means and
includes any of the following acts committed by a party
to a contract, or with
fraud' are not defined in IBC. The word
'Fraud' is defined under Section 17 and 'Misrepresentation' is defined
under Section ... Section 17 . 'Fraud' defined.-- „Fraud' means and
includes any of the following acts committed by a party
to a contract, or with
Insolvency and Bankruptcy
15
Code, 2016 does not define fraud. 'Fraud' is defined in Section 17 of the Indian
Contract ... following words:-
"17. "Fraud" defined.--"Fraud" means and
includes any of the following acts committed by a
party
Contract Act, 1872 defines "fraud" thus:
"17.'Fraud' defined.--'Fraud' means and includes any
of the following acts ... truth, or suggestion of a falsehood. (Tomlin)
* * *
34. 'Fraud' has been defined as any conduct of deceit resulting in
injury, loss or damage
Contract Act, 1872 defines "fraud"
thus:
"17.'Fraud' defined.--'Fraud' means and includes
any of the following acts ... stamp evasion which would amount to a fraud."
34. 'Fraud' has been defined as any conduct of deceit resulting in injury,
loss
provided therein these are criminal in nature and the
ingredients of fraud as defined under Section 447 of the Companies Act,
2013, which are sought ... wrongful loss.
36. Thus, it is evident that unlike the fraud as defined under the
Erstwhile Indian Penal Code to substantiate fraud under the Companies
exception of
fraud. Once it is established that the order was obtained by a
successful party by practicing or playing fraud, it is vitiated.
Such ... same
Judgment at Para 26 defined the fraud which is as under:-
26. Fraud may be defined as an act of deliberate deception with
exception of
fraud. Once it is established that the order was obtained by a
successful party by practicing or playing fraud, it is vitiated.
Such ... same
Judgment at Para 26 defined the fraud which is as under:-
26. Fraud may be defined as an act of deliberate deception with
into the 'Affairs of a Company' by the 'Serious Fraud Investigation
Office'. The words 'employed' in Section ... SERIOUS FRAUD:
54. The Companies Act, 2013 does not define the expression
'Serious Fraud'. The Companies Act, 2013 contains provisions relating
