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    <title>Amendment of section 56</title>
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    <description>The amendment substitutes subsection (6) of section 56 to provide that where any default is made in complying with subsections (1) to (5), the company and every officer of the company who is in default shall be liable to a penalty of fifty thousand rupees.</description>
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    <pubDate>Wed, 30 Sep 2020 12:37:19 +0530</pubDate>
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      <description>The amendment substitutes subsection (6) of section 56 to provide that where any default is made in complying with subsections (1) to (5), the company and every officer of the company who is in default shall be liable to a penalty of fifty thousand rupees.</description>
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