{"id":80170,"date":"2023-11-17T15:09:49","date_gmt":"2023-11-17T09:39:49","guid":{"rendered":"https:\/\/enterslice.com\/learning\/?post_type=act&#038;p=80170"},"modified":"2023-11-17T15:09:51","modified_gmt":"2023-11-17T09:39:51","slug":"section-86","status":"publish","type":"act","link":"https:\/\/enterslice.com\/learning\/act\/companies-act-2013\/section-86\/","title":{"rendered":"Section 86. Punishment For Contravention"},"content":{"rendered":"\n<p><span id='easy-footnote-1-80170' class='easy-footnote-margin-adjust'><\/span><span class='easy-footnote'><a href='https:\/\/enterslice.com\/learning\/act\/companies-act-2013\/section-86\/#easy-footnote-bottom-1-80170' title=' Subs. by Act 29 of 2020, s. 16, for sub-section (1) (w.e.f. 21-12-2020).'><sup>1<\/sup><\/a><\/span>[\u00a0<span id='easy-footnote-2-80170' class='easy-footnote-margin-adjust'><\/span><span class='easy-footnote'><a href='https:\/\/enterslice.com\/learning\/act\/companies-act-2013\/section-86\/#easy-footnote-bottom-2-80170' title=' . Section 86 numbered as sub-section (1) thereof by Act 22 of 2019, s.12 (w.e.f. 2-11-2018).'><sup>2<\/sup><\/a><\/span>[(1)] If any company is in default in complying with any of the provisions of this Chapter, the company shall be liable to a penalty of five lakh rupees and every officer of the company who is in default shall be liable to a penalty of fifty thousand rupees].<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><span id='easy-footnote-3-80170' class='easy-footnote-margin-adjust'><\/span><span class='easy-footnote'><a href='https:\/\/enterslice.com\/learning\/act\/companies-act-2013\/section-86\/#easy-footnote-bottom-3-80170' title='Ins. by s. 12, ibid. (w.e.f. 2-11-2018).'><sup>3<\/sup><\/a><\/span>[(2) If any person willfully furnishes any false or incorrect information or knowingly suppresses any material information, required to be registered in accordance with the provisions of section 77, he shall be liable for action under section 447.]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[\u00a0[(1)] If any company is in default in complying with any of the provisions of this Chapter, the company shall be liable to a penalty of five lakh rupees and every officer of the company who is in default shall be liable to a penalty of fifty thousand rupees]. [(2) If any person willfully furnishes [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":79763,"parent":79755,"menu_order":0,"template":"","format":"standard","meta":[],"categories":[11445],"tags":[1007],"acf":{"service_id":"215"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v14.6.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Section 86. Punishment For Contravention - Enterslice<\/title>\n<meta name=\"description\" content=\"Explore consequences for violations in Section 86. Uncover the legal penalties and implications for contravention. 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