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Mr. A and Ms. B form TechFuture Pvt Ltd. If, at any time after the incorporation of TechFuture Pvt. Ltd., it is proved that the company has been got incorporated by Mr. A (a person named as a first director) by furnishing false or incorrect information (a forged identity proof) and by suppressing a material fact (his prior corporate fraud conviction) in the documents filed for incorporating the company, what consequences would Mr. A face under the Companies Act, 2013?
He would be strictly fined but allowed to continue as director
He would be directly liable for action due to the proven fraud
He would be given full immunity as the firm is already made
He would be formally dismissed from his directorial position
He would be directly liable for action due to the proven fraud
Practice and solve "Mr. A and Ms. B form TechFuture Pvt Ltd. If, at any time after the incorporation of TechFuture Pvt. ..." for Part 5 Domain Knowledge - CIL MT Company Secretary 2026. The correct answer is Option B: He would be directly liable for action due to the proven fraud. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
Practice and solve "Mr. A and Ms. B form TechFuture Pvt Ltd. If, at any time after the incorporation of TechFuture Pvt. ..." for Part 5 Domain Knowledge - CIL MT Company Secretary 2026. The correct answer is Option B: He would be directly liable for action due to the proven fraud. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
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