Warrant against sec 162 and 168 of companies act Warrant against sec 162 and 168 of companies act

4 months ago

A warrant has been sent under section 162 and 168 of companies act from gwalior court. What to do next? Is it bailable?

Legal Counsel Vidhikarya

Responded 4 months ago

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A.Dear Client,
Section 162 of IPC deals with a person who accepts or obtains or agrees to accept or attempts to obtain for himself or for any other person any gratification by corrupt or illegal means to influence a public servant and a Non-Bailable offence.. As per Sec.168 IPC whoever, being a public servant, and being legally bound as such public servant not to engages in trade, engages in trade, shall be punished with simple imprisonment for a term which may extend to one year, or with fine, or with both and aims to deter a form of government corruption. It is non-cognizable offence and bailable.. When an arrest warrent issued under Sec.162 IPC, an anticipitary bail required to be obtained to stall the arrest under NBW.
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