ACT 125

COMPANIES ACT 1965 (REVISED - 1973)

PART XII - GENERAL

DIVISION 2 - OFFENCES

Section 371. Proceedings how and when taken.

(1) Except where provision is otherwise made in this Act proceedings, for any offence against this Act may be taken by the Registrar or, with the written consent of the Minister, by any person. (2) Notwithstanding anything in any Act proceedings for any offence against this Act may be brought within the period of seven years after the commission of the alleged offence or, with the consent of the Minister, at any later time. (3) Proceedings for any offence against this Act other than an offence punishable with imprisonment for a term exceeding three years may be prosecuted in a Magistrate's Court and in the case of an offence punishable with imprisonment for a term of three years or more shall be prosecuted in the Sessions Court or in the High Court. (4) (Deleted by Act A836). (4A) (Deleted by Act A836). (5) Any punishment authorized by this Act may be imposed by a Sessions Court notwithstanding that it is a greater punishment than that Court is otherwise empowered to impose. (6) The Registrar and any officer authorized by him in writing shall have the right to appear and be heard before a Magistrate's Court or a Sessions Court in any proceedings for an offence against this Act.