https://www.taxtmi.com/acts?id=31762 Section 446A requires courts to consider company size, business nature, injury to public interest, nature of the default, and repetition of the default when deciding fines or imprisonment. Section 446B limits penalties for One Person Companies and small companies for specified defaults to not more than one-half of the minimum or maximum penalties otherwise prescribed, and applies to the officer in default. en-us Thu, 04 Jan 2018 19:02:04 +0530 Thu, 04 Jan 2018 19:02:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=31762 Section 446A requires courts to consider company size, business nature, injury to public interest, nature of the default, and repetition of the default when deciding fines or imprisonment. Section 446B limits penalties for One Person Companies and small companies for specified defaults to not more than one-half of the minimum or maximum penalties otherwise prescribed, and applies to the officer in default. Act-Rules F. Acts / Amendment Acts Thu, 04 Jan 2018 19:02:04 +0530 https://www.taxtmi.com/acts?id=31762