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of <h1>Clause 454: Central Government Can Appoint Officers to Impose Penalties on Non-Compliant Companies Under Companies Bill 2011</h1> Clause 454 of the Companies Bill, 2011, allows the Central Government to appoint officers as adjudicating officers to assess penalties for non-compliance under the Act. These officers can impose penalties on companies and defaulting officers after providing a hearing opportunity. Aggrieved parties can appeal to the Regional Director within sixty days. The Regional Director can confirm, modify, or overturn the order. If penalties are unpaid within ninety days, companies face fines between twenty-five thousand to five lakh rupees, and defaulting officers may face imprisonment up to six months or fines between twenty-five thousand to one lakh rupees, or both.
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