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    <title>Penalty for Contravention Inviting deposits without advertisement Authority competent to take action notified</title>
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    <description>The Central Government authorises Chief Officer, Deputy Chief Officer and Assistant Chief Officers attached to the Department of Non Banking Companies as competent authorities to take action for the offence punishable under the Companies Act provision addressing invitations to deposit without advertisement.</description>
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      <description>The Central Government authorises Chief Officer, Deputy Chief Officer and Assistant Chief Officers attached to the Department of Non Banking Companies as competent authorities to take action for the offence punishable under the Companies Act provision addressing invitations to deposit without advertisement.</description>
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