Penalty for non-compliance with copy-filing requirements: company and officers in default face per-copy liability. Amends section 378ZS of the Companies Act, 2013 by substituting the penalty provision for failure to comply with sub-section (4). Where default is made in complying with that requirement, the company and every officer of the company who is in default become liable to a penalty of one hundred rupees for each copy in respect of which the default is made.
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Provisions expressly mentioned in the judgment/order text.
Penalty for non-compliance with copy-filing requirements: company and officers in default face per-copy liability.
Amends section 378ZS of the Companies Act, 2013 by substituting the penalty provision for failure to comply with sub-section (4). Where default is made in complying with that requirement, the company and every officer of the company who is in default become liable to a penalty of one hundred rupees for each copy in respect of which the default is made.
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