Companies Act

Section 451. Punishment In Case Of Repeated Default

Companies Act, 2013

If a company or an officer of a company commits an offence punishable either with fine or with imprisonment and where the same offence is committed for the second or subsequent occasions within a period of three years, then, that company and every officer thereof who is in default shall be punishable with twice the amount of fine for such offence in addition to any imprisonment provided for that offence.

READ  Section 331. Liabilities And Rights Of Certain Persons Fraudulently Preferred

Trending Posted

Get Started Live Chat