https://www.taxtmi.com/acts?id=12471 Non compliance with the provisions of sections 159-161 renders the company and every officer or director in default liable to a per day monetary penalty for each day the default continues. For these sections the expressions "officer" and "director" include any person in accordance with whose directions or instructions the board of directors is accustomed to act. The statutory text records an amendment changing the per day amount. en-us Tue, 10 May 2011 11:56:17 +0530 Tue, 10 May 2011 11:56:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=12471 Non compliance with the provisions of sections 159-161 renders the company and every officer or director in default liable to a per day monetary penalty for each day the default continues. For these sections the expressions "officer" and "director" include any person in accordance with whose directions or instructions the board of directors is accustomed to act. The statutory text records an amendment changing the per day amount. Act-Rules Companies Law Tue, 10 May 2011 11:56:17 +0530 https://www.taxtmi.com/acts?id=12471