Officers breaching Companies Act Sections 73 or 76 risk 7 years imprisonment and hefty fines u/s 76A(b). https://www.taxtmi.com/highlights?id=37412 Punishment for contravention of section 73 or section 76 - every officer - may be liable for imprisonment which may extend to seven years and with fine which shall not be less than twenty-five lakh rupees but which may extend to two crore rupees - Section 76A(b) of the Companies Act, 2013 en-us Sun, 07 Jan 2018 09:09:47 +0530 Sun, 07 Jan 2018 09:09:47 +0530 TaxTMI RSS Generator Officers breaching Companies Act Sections 73 or 76 risk 7 years imprisonment and hefty fines u/s 76A(b). https://www.taxtmi.com/highlights?id=37412 Punishment for contravention of section 73 or section 76 - every officer - may be liable for imprisonment which may extend to seven years and with fine which shall not be less than twenty-five lakh rupees but which may extend to two crore rupees - Section 76A(b) of the Companies Act, 2013 Highlights Companies Law Sun, 07 Jan 2018 09:09:47 +0530 https://www.taxtmi.com/highlights?id=37412