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Penalty

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Full Text of the Document

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....the provisions of this Chapter and for which no specific penalty or punishment is provided therein, the company and every officer of the company who is in default shall be liable to a penalty of fifty....

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Full Text of the Document

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....) Act, 2020 w.e.f. 21-12-2020 (Notified vide Notification No. S.O. 4646 (E). dated 21-12-2020) before it was read as, "Punishment 172. If a company contravenes any of the p....