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        Companies Law

        Rule 5 - Omitted

        Companies (Incorporation) Rules, 2014.
        Chapter 01

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        Penalty for One Person Company contraventions removed; previously prescribed a fixed fine and a continuing daily fine. Rule 5 of the Companies (Incorporation) Rules, 2014 was omitted by Notification No. G.S.R 349(E) dated 01-05-2015. The removed text had provided a Penalty: a fixed fine for One Person Companies or their officers for rule contraventions and an additional continuing daily fine for each day after the first during which the contravention continued.
                        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 One Person Company contraventions removed; previously prescribed a fixed fine and a continuing daily fine.

                              Rule 5 of the Companies (Incorporation) Rules, 2014 was omitted by Notification No. G.S.R 349(E) dated 01-05-2015. The removed text had provided a Penalty: a fixed fine for One Person Companies or their officers for rule contraventions and an additional continuing daily fine for each day after the first during which the contravention continued.


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