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Section 217 -Public servant disobeying direction of law with intent to save person from punishment or property from forfeiture.

“Whoever , being a public servant, knowingly disobeys any direction of the law as to the way in which he is to conduct himself as such public servant, intending thereby to save, or knowing it to be likely that he will thereby save, any person from legal punishment, or subject him to a less punishment than that to which he is liable, or with intent to save, or knowing that he is likely thereby to save, any property from forfeiture or any charge to which it is liable by law, shall be punished with imprisonment of either description for a term which may extend to two years, or with fine, or with both.

What is section 217?

What is section 217?

There shall be attached to every balance sheet laid before a company in general meeting, a report by its Board of directors, with respect to-

1. The state of the company’ s affairs;

2. the amounts, if any, which it proposes to carry to any reserves  in such balance sheet 

3. Ins. by Act 65 of 1960, s. 64.
4. The word” either” omitted by s. 65, ibid.
5. The words” or in a subsequent balance sheet; and” omitted by s. 65, ibid.
6. the amount, if any, which it recommends should be paid by way of dividend;
7. material changes and commitments, if any; affecting the financial position of the company which have occurred between the end of the financial year of the company to which the balance sheet relates and the date of the report.
8. the conservation of energy technology absorption, foreign exchange earnings and outgo, in such manner as may be prescribed.

 


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