https://www.taxtmi.com/acts?id=12840 Unpaid cess is deemed in arrears and recoverable by the Tribunal in a prescribed manner. The Tribunal may, after inquiry, impose on a company in arrears a penalty not exceeding ten times the amount due, but must give the company a reasonable opportunity of being heard and refrain from imposing a penalty if satisfied the default was for any good and sufficient reason. en-us Tue, 17 May 2011 14:19:06 +0530 Tue, 17 May 2011 14:19:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=12840 Unpaid cess is deemed in arrears and recoverable by the Tribunal in a prescribed manner. The Tribunal may, after inquiry, impose on a company in arrears a penalty not exceeding ten times the amount due, but must give the company a reasonable opportunity of being heard and refrain from imposing a penalty if satisfied the default was for any good and sufficient reason. Act-Rules Companies Law Tue, 17 May 2011 14:19:06 +0530 https://www.taxtmi.com/acts?id=12840