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Procedure for imposition Of penalty under the Act

Rule 59 - Rules - General procedure - National Company Law Tribunal Rules, 2016 - Rule 59 - 59. .- (1) Notwithstanding anything to the contrary contained in any rules or regulations framed under the Act, no order or direction imposing a penalty under .....

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uthorised in this behalf. (2) In case the Bench decides to issue show cause notice to any person or company or a party to the proceedings, as the case may be, under sub-rule (1), the Registrar shall issue a show cause notice giving not less than fift .....

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