Section 427 of CA 2013 : Section 427: President, Members, Officers, Etc, To Be Public Servants

Explanation using Example

Imagine a situation where an officer working at the National Company Law Tribunal (NCLT) is offered a bribe by a company representative in exchange for a favorable judgment. The officer reports this to the authorities. In this case, because the officer is deemed a public servant under Section 427 of The Companies Act, 2013, the company representative can be prosecuted under the relevant provisions of the Indian Penal Code for attempting to bribe a public servant.