law: Companies Act, 2013 
  251.
  
    Fraudulent
  
  application for removal of name.
  1.      Where it is found
  
  that an application by a company under sub-section (2 ) of section 248
  
  has been made with the object of evading the liabilities of the company or with
  
  the intention to deceive the creditors or to defraud any other persons, the
  
  persons in charge of the management of the company shall, notwithstanding that
  
  the company has been notified as dissolved—
  a.     
  
    be
  
  jointly and severally liable to any person or persons who had incurred loss or
  
  damage as a result of the company being notified as dissolved; and
  b.    
  
    be
  
  punishable for fraud in the manner as provided in section 447 .
  2.      Without prejudice to
  
  the provisions contained in sub-section (1 ), the Registrar may also
  
  recommend prosecution of the persons responsible for the filing of an
  
  application under sub-section (2 ) of section 248.