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Penalties for contravening registration of charges: company fines and officer liability including imprisonment or fine. The Chapter imposes monetary penalties on a company that contravenes its provisions and subjects every officer in default to imprisonment for a limited term, a monetary penalty, or both, thereby creating both corporate fines and personal officer liability to secure compliance with registration of charges requirements.
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.
Penalties for contravening registration of charges: company fines and officer liability including imprisonment or fine.
The Chapter imposes monetary penalties on a company that contravenes its provisions and subjects every officer in default to imprisonment for a limited term, a monetary penalty, or both, thereby creating both corporate fines and personal officer liability to secure compliance with registration of charges requirements.
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