https://www.taxtmi.com/article/detailed?id=5675 Penal consequences under the Companies Act, 2013 emphasise expanded liability for an officer who is in default, capturing whole time directors, key managerial personnel, specified directors and persons charged by the Board with record keeping or authorized duties. The Act prescribes a wide range of monetary fines, daily penalties, and imprisonment for breaches of filing, disclosure, register maintenance, securities transactions, deposits, buy backs, audit and Tribunal orders, and creates aggravated sanctions where conduct amounts to fraud. en-us Thu, 19 Jun 2014 16:51:19 +0530 Thu, 19 Jun 2014 16:51:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=5675 Penal consequences under the Companies Act, 2013 emphasise expanded liability for an officer who is in default, capturing whole time directors, key managerial personnel, specified directors and persons charged by the Board with record keeping or authorized duties. The Act prescribes a wide range of monetary fines, daily penalties, and imprisonment for breaches of filing, disclosure, register maintenance, securities transactions, deposits, buy backs, audit and Tribunal orders, and creates aggravated sanctions where conduct amounts to fraud. Articles Corporate Laws / IBC / SEBI Thu, 19 Jun 2014 16:51:19 +0530 https://www.taxtmi.com/article/detailed?id=5675