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        F. Acts / Amendment Acts

        Section 32 - Amendment of section 238.

        Companies (Amendment) Act, 2019

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        Penalty replacement: fixed monetary penalty now specified replacing prior variable fine range under companies law. The amendment replaces the variable fine range in sub section (3) of section 238 with a single specified monetary penalty, removing the previous minimum to maximum fine formulation and leaving other provisions of the section intact.
                          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 replacement: fixed monetary penalty now specified replacing prior variable fine range under companies law.

                                The amendment replaces the variable fine range in sub section (3) of section 238 with a single specified monetary penalty, removing the previous minimum to maximum fine formulation and leaving other provisions of the section intact.


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