law: Companies Act, 2013 
  448.
  
    Punishment
  
  for false statement.
  Save
  
  as otherwise provided in this Act, if in any return, report, certificate,
  
  financial statement, prospectus, statement or other document required by, or
  
  for, the purposes of any of the provisions of this Act or the rules made there
  
  under, any person makes a statement,—
  a.      which is false in any
  
  material particulars, knowing it to be false; or
  b.     which omits any
  
  material fact, knowing it to be material, he shall be liable under section 447.