Penalty for non-compliance by foreign companies: fines and daily continuing penalties, with notified officers held liable. Rule 4 provides that a foreign company and every officer of the company in default are liable to a fine for failure to comply with these Rules, with an additional daily fine for continuing contraventions; 'officer of the company in default' means the person(s) whose names and addresses were delivered to the Registrar under clause (d) of sub section (1) of section 592.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Penalty for non-compliance by foreign companies: fines and daily continuing penalties, with notified officers held liable.
Rule 4 provides that a foreign company and every officer of the company in default are liable to a fine for failure to comply with these Rules, with an additional daily fine for continuing contraventions; "officer of the company in default" means the person(s) whose names and addresses were delivered to the Registrar under clause (d) of sub section (1) of section 592.
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