https://www.taxtmi.com/acts?id=17747 Where no specific penalty is provided for a contravention of the Act, its rules, or conditions attached to approvals or exemptions, the company, every officer in default and any other person shall be liable to a penalty of ten thousand rupees and, for continuing contraventions, one thousand rupees per day after the first, subject to maximum caps of two lakh rupees for a company and fifty thousand rupees for an officer in default or any other person. en-us Sat, 02 Mar 2013 16:41:47 +0530 Fri, 19 Dec 2025 13:14:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=17747 Where no specific penalty is provided for a contravention of the Act, its rules, or conditions attached to approvals or exemptions, the company, every officer in default and any other person shall be liable to a penalty of ten thousand rupees and, for continuing contraventions, one thousand rupees per day after the first, subject to maximum caps of two lakh rupees for a company and fifty thousand rupees for an officer in default or any other person. Act-Rules Companies Law Sat, 02 Mar 2013 16:41:47 +0530 https://www.taxtmi.com/acts?id=17747