Amendment of section 90

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....1), he shall be liable to a penalty of fifty thousand rupees and in case of continuing failure, with a further penalty of one thousand rupees for each day after the first during which such failure continues, subject to a maximum of two lakh rupees."; (b) for sub-section (11), the following sub-section shall be substituted, namely:- "(11) If a company, required to maintain register unde....