Schedule explained: this guide covers what it means, who it applies to, the step-by-step process, documents required, fees, due dates and penalties in India — so you can stay compliant with confidence and avoid costly mistakes.
Seven paragraphs of Part A of the Schedule matter most to businesses and their professional advisers: the Prevention of Corruption Act, 1988 (Paragraph 8), the Securities and Exchange Board of India Act, 1992 (Paragraph 11), the Customs Act, 1962 (Paragraph 12), the Copyright Act, 1957 (Paragraph 20), the Trade Marks Act, 1999 (Paragraph 21), the Information Technology Act, 2000 (Paragraph 22) and the Companies Act, 2013 (Paragraph 29). This article lists each entry exactly as printed.
It reads the Schedule as per the consolidated text of the Act consulted (amendments shown up to 1 August 2019). Later amendments to the Schedule and notifications should be checked. Teams doing a transaction or lending review can use financial and legal due diligence to check counterparties against these entries.
Under s.2(1)(y)(i), the offences specified under Part A of the Schedule are scheduled offences. These seven paragraphs name bribery offences, SEBI Act offences on manipulation and insider trading, customs evasion, copyright and trade-mark offences, IT Act breaches of confidentiality and offences committed outside India, and fraud under section 447 of the Companies Act, 2013. Paragraph 8 was substituted by Act 16 of 2018 (w.e.f. 26-7-2018) and Paragraph 29 was inserted by Act 13 of 2018 (w.e.f. 19-4-2018), as the footnotes print. Paragraph 11 has a printing slip, flagged below.
How these paragraphs are used
Each paragraph of Part A names one Act and lists the sections that count. Nothing in the Schedule explains those other Acts beyond the printed description, and neither does this article; for each Act, the reader should check the current law for the corresponding provision. The other paragraphs of Part A are in our article on Paragraph 1 (Indian Penal Code) and our article on narcotics, arms, wildlife, environment and other special Acts. Part B and Part C are in our article on Parts B and C.
Paragraph 8: Prevention of Corruption Act, 1988 (49 of 1988)
The footnote prints that Paragraph 8 was substituted by Act 16 of 2018, s. 19 (w.e.f. 26-7-2018).
| Section | Description of offence |
|---|---|
| 7 | Offence relating to public servant being bribed. |
| 7A | Taking undue advantage to influence public servant by corrupt or illegal means or by exercise of personal influence. |
| 8 | Offence relating to bribing a public servant. |
| 9 | Offence relating to bribing a public servant by a commercial organisation. |
| 10 | Person in charge of commercial organisation to be guilty of offence. |
| 11 | Public servant obtaining undue advantage, without consideration from person concerned in proceeding or business transacted by such public servant. |
| 12 | Punishment for abetment of offences. |
| 13 | Criminal misconduct by a public servant. |
| 14 | Punishment for habitual offender. |
Entries 9 and 10 concern commercial organisations and the person in charge of one. For a business, that is the paragraph closest to its own conduct and that of its agents.
Paragraph 11: Securities and Exchange Board of India Act, 1992 (15 of 1992)
| Section | Description of offence |
|---|---|
| 12A read with section 24 | Prohibition of manipulative and deceptive devices, insider trading and substantial. |
| 24 | Acquisition of securities or control. |
Printing slip. The first description is printed as "Prohibition of manipulative and deceptive devices, insider trading and substantial." and stops there, in the middle of a phrase, and the next entry reads "Acquisition of securities or control" against section 24. The copy consulted shows this break as printed; it is quoted as it stands and not completed from memory. The reader should check the official text.
For listed-company insider-trading rules in general, see our posts on SEBI insider trading regulations (PIT 2015); that post is about those regulations, not about this Schedule entry.
Paragraph 12: Customs Act, 1962 (52 of 1962)
| Section | Description of offence |
|---|---|
| 135 | Evasion of duty or prohibitions. |
The paragraph has a single entry. A separate offence in the Customs Act, 1962, section 132, appears in Part B and not here; see our article on Parts B and C. The site has a post on section 135 of the Customs Act, 1962, which is about that Act only.
Paragraph 20: Copyright Act, 1957 (14 of 1957)
| Section | Description of offence |
|---|---|
| 63 | Offence of infringement of copyright or other rights conferred by this Act. |
| 63A | Enhanced penalty on second and subsequent convictions. |
| 63B | Knowing use of infringing copy of computer programme. |
| 68A | Penalty for contravention of section 52A. |
Paragraph 21: Trade Marks Act, 1999 (47 of 1999)
| Section | Description of offence |
|---|---|
| 103 | Penalty for applying false trademarks, trade descriptions, etc. |
| 104 | Penalty for selling goods or providing services to which false trademark or false trade description is applied. |
| 105 | Enhanced penalty on second or subsequent conviction. |
| 107 | Penalty for falsely representing a trademark as registered. |
| 120 | Punishment of abetment in India of acts done out of India. |
Paragraph 22: Information Technology Act, 2000 (21 of 2000)
| Section | Description of offence |
|---|---|
| 72 | Penalty for breach of confidentiality and privacy. |
| 75 | Act to apply for offence or contravention committed outside India. |
The site's general post on the Information Technology Act, 2000: offences, penalties and adjudication is about that Act, not about this Schedule entry.
Paragraph 29: Companies Act, 2013 (18 of 2013)
The footnote prints that Paragraph 29 was inserted by Act 13 of 2018, s. 208 (w.e.f. 19-4-2018). The heading reads "Offence under the Companies Act, 2013".
| Section | Description of offence |
|---|---|
| 447 | Punishment for fraud |
Our post on section 447 of the Companies Act, 2013 is about that section in that Act.
The seven paragraphs at a glance
| Paragraph | Act | Number of entries printed |
|---|---|---|
| 8 | Prevention of Corruption Act, 1988 | 9 |
| 11 | Securities and Exchange Board of India Act, 1992 | 2 |
| 12 | Customs Act, 1962 | 1 |
| 20 | Copyright Act, 1957 | 4 |
| 21 | Trade Marks Act, 1999 | 5 |
| 22 | Information Technology Act, 2000 | 2 |
| 29 | Companies Act, 2013 | 1 |
What these entries do not tell you
- No threshold for Part A. The one crore rupees test in s.2(1)(y)(ii) is for the offences in Part B, not Part A. No monetary threshold is printed for these paragraphs.
- No explanation of the other Acts. The Schedule gives labels only, and the section numbers are those of the other Acts.
- No later changes. Whether any of these Acts or their sections has since been amended, renumbered or replaced is outside the text consulted, and this article says nothing on it.
- Companies and officers. Where a company is involved, section 70 of the Act makes the company and persons in charge liable for contraventions of this Act; see our article on section 70.
A worked example
Orbit Components Pvt Ltd (invented) imports electronic parts and is accused of evading customs duty through false invoices. The customs offence listed in Paragraph 12 is section 135, "Evasion of duty or prohibitions". If property is then derived from that offence, it falls within the scheme of s.2(1)(u) as proceeds of crime relating to a scheduled offence, and a bank dealing with the company's accounts has reason to examine it carefully. If, in the same facts, a director also arranges a payment to a public servant to clear the goods, the bribery entries in Paragraph 8 are in view.
Another case: a company's director is charged under section 447 of the Companies Act, 2013 for fraud. Paragraph 29 lists that section, so the offence is a scheduled offence under Part A.
Need help checking a counterparty or transaction against these entries?
If a lender, buyer or investor wants to know whether a counterparty's history touches a scheduled offence, a structured review of the documents and allegations is the starting point. Our team supports this through financial and legal due diligence, working from the records you hold.
Key takeaways
- The offences specified under Part A of the Schedule are scheduled offences under s.2(1)(y)(i).
- Paragraph 8 (Prevention of Corruption Act, 1988) lists sections 7, 7A, 8, 9, 10, 11, 12, 13 and 14.
- Paragraph 11 (SEBI Act, 1992) lists section 12A read with section 24 and section 24, and its first description is cut off in the printed copy.
- Paragraph 12 lists section 135 of the Customs Act, 1962; section 132 of that Act is in Part B.
- Paragraphs 20 and 21 list Copyright Act sections 63, 63A, 63B and 68A and Trade Marks Act sections 103, 104, 105, 107 and 120.
- Paragraph 22 lists sections 72 and 75 of the Information Technology Act, 2000, and Paragraph 29 lists section 447 of the Companies Act, 2013.
Read next
- Schedule, Part A, Paragraph 1: Indian Penal Code offences
- Schedule, Part A: narcotics, arms, wildlife, environment and other special Acts
- Schedule, Part B and Part C: customs and cross-border offences
- Scheduled offences under PMLA: complete list
Disclaimer: Based on the consolidated text of the Prevention of Money-laundering Act, 2002 published by the Enforcement Directorate, showing amendments up to Act 23 of 2019 (1 August 2019), and on the Department of Revenue consolidated copy of the Prevention of Money-laundering (Maintenance of Records) Rules, 2005 listing amendments up to 19 July 2024, as consulted on 2 October 2026. Later amendments, notifications, other rules and regulator directions should be checked. This article is general information, not legal advice; check the official text before acting.