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    <title>PENAL PROVISIONS UNDER COMPANIES ACT, 2013 – PART II</title>
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    <description>The Companies Act, 2013 subjects companies to monetary sanctions for failures across formation, governance, disclosure, capital transactions and filing obligations. The Act prescribes both fixed fines and continuing daily penalties, with heightened sanctions for serious breaches such as fraudulent share certificates and repayment defaults, tribunal noncompliance, and specialized sectoral contraventions, while a residual penal clause covers otherwise unpunished violations to ensure broad remedial reach.</description>
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