https://www.taxtmi.com/acts?id=35030 Amendment makes every promoter, director, manager or other key managerial personnel who is in default liable to a penalty that is the higher of a fixed monetary sanction or a multiple of the benefit accruing to the defaulting promoter, director, manager or other key managerial personnel or any of their relatives, without prejudice to other sub-section provisions. en-us Mon, 14 Jan 2019 14:14:36 +0530 Fri, 02 Aug 2019 11:46:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=35030 Amendment makes every promoter, director, manager or other key managerial personnel who is in default liable to a penalty that is the higher of a fixed monetary sanction or a multiple of the benefit accruing to the defaulting promoter, director, manager or other key managerial personnel or any of their relatives, without prejudice to other sub-section provisions. Act-Rules F. Acts / Amendment Acts Mon, 14 Jan 2019 14:14:36 +0530 https://www.taxtmi.com/acts?id=35030