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Sections 96 & 99 of Companies Act 2013: Technical Violations Resolved by Fine, No Imprisonment Required.

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....Compounding of alleged offence for violation of Sections 96 and 99 of the Companies Act, 2013 - these contraventions are not attracting punishment of imprisonment and imprisonment with fine. It is a is statutory violation in technical nature attracting penalty of fine simplicitor - Compounding allowed - Tri....

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