Amendment of section 157.

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..... 4. In section 157 of the principal Act, for sub-section (2), the following sub-section shall be substituted, namely:- (2) If any company fails to furnish the Director Identification Number .....

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..... rupees and in case of continuing failure, with a further penalty of one hundred rupees for each day after the first during which such failure continues, subject to a maximum of one lakh rupees. . .....

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