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<h1>Amendment to Section 446B of the Companies Act reduces maximum penalty for certain offenses to half of original amount.</h1> Section 446B of the Companies Act is amended to change the penalty for certain offenses. Instead of being 'punishable with fine,' the language now specifies that the penalty shall not exceed one-half of the penalty specified in the relevant sections. This amendment reduces the maximum penalty that can be imposed for violations under the specified sections of the Act.