law: Companies Act, 2013 
  Chapter
  
  XXIX
  Miscellaneous
  447.
  
    Punishment
  
  for fraud.
  Without
  
  prejudice to any liability including repayment of any debt under this Act or
  
  any other law for the time being in force, any person who is found to be guilty
  
  of fraud, shall be punishable with imprisonment for a term which shall not be
  
  less than six months but which may extend to ten years and shall also be liable
  
  to fine which shall not be less than the amount involved in the fraud, but
  
  which may extend to three times the amount involved in the fraud:
  Provided
  
  that where the fraud in question involves public interest, the term of
  
  imprisonment shall not be less than three years.
  Explanation .—For the purposes of
  
  this section—
        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;
       ii.        
  
    “wrongful
  
  gain” means the gain by unlawful means of property to which the person gaining
  
  is not legally entitled;
      iii.        
  
    “wrongful
  
  loss” means the loss by unlawful means of property to which the person losing
  
  is legally entitled.