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of <h1>Government can require companies to submit operational data; penalties for non-compliance under Section 405.</h1> The Central Government has the authority to require companies or specific classes of companies to provide information or statistics about their constitution or operations within a specified timeframe. Such orders must be published in the Official Gazette. To verify the accuracy of the information provided, the government can demand additional records or documents. Companies failing to comply with these orders or providing incorrect or incomplete information face penalties. This provision also applies to foreign companies operating in India. Penalties include a fine of twenty thousand rupees, with additional fines for continued non-compliance, up to a maximum of three lakh rupees.
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