https://www.taxtmi.com/acts?id=31767 Section 446B provides that where a One Person Company, small company, start up company or Producer Company, or an officer in default or other person in respect of such company, is liable for non compliance under the Act, the penalty shall be not more than one half of the penalty specified in the relevant provisions, subject to maximum caps of two lakh rupees for a company and one lakh rupees for an officer in default or any other person. en-us Mon, 08 Jan 2018 17:14:50 +0530 Fri, 19 Dec 2025 12:56:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=31767 Section 446B provides that where a One Person Company, small company, start up company or Producer Company, or an officer in default or other person in respect of such company, is liable for non compliance under the Act, the penalty shall be not more than one half of the penalty specified in the relevant provisions, subject to maximum caps of two lakh rupees for a company and one lakh rupees for an officer in default or any other person. Act-Rules Companies Law Mon, 08 Jan 2018 17:14:50 +0530 https://www.taxtmi.com/acts?id=31767