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    <title>Penalty for contravention of provisions of section 266A or section 266C or section 266D or section 266E.</title>
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    <description>Contravention of the director-related provisions renders any individual or director or company in default liable to a fine which may extend to five thousand rupees and, for continuing contraventions, a further fine which may extend to five hundred rupees for every day after the first during which the contravention continues; the Director Identification Number is an identification number the Central Government may allot to individuals intending to be appointed as directors or to existing directors for identification under sections 266A-266F.</description>
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      <description>Contravention of the director-related provisions renders any individual or director or company in default liable to a fine which may extend to five thousand rupees and, for continuing contraventions, a further fine which may extend to five hundred rupees for every day after the first during which the contravention continues; the Director Identification Number is an identification number the Central Government may allot to individuals intending to be appointed as directors or to existing directors for identification under sections 266A-266F.</description>
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