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Companies Law - Highlights / Catch Notes

Home Highlights January 2018 Year 2018 This

Punishment for contravention of section 73 or section 76 - ...

Companies Law

January 7, 2018

Punishment for contravention of section 73 or section 76 - Rationalization of amount of fine - Minimum fine for failure in repayment of deposits and interest thereon shall be rupees one crore or twice the amount of deposit accepted, whichever is lower - Section 76A(a) of the Companies Act, 2013

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