Penalty for default in complying with section 166 or 167.

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.... 167. 168. If default is made in holding a meeting of the company in accordance with section 166, or in complying with any directions of the [1][Tribunal or the Central Government, as the case may be....

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....--------- Notes:- [1] Substituted for "Central Government" by the Companies (Second Amendment) Act, 2002. [2] Substituted for "five thousand rupees" by the Companies (Amendment) Act, 2000, w.e.f. 1....