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Companies Law - Highlights / Catch Notes

Home Highlights November 2018 Year 2018 This

Section 451 only provides with ‘fine’ in case of any repeated ...


Section 451: Repeat Offenders Face Double Fines; Imprisonment Optional Under Act Provisions.

November 3, 2018

Case Laws     Companies Law     AT

Section 451 only provides with ‘fine’ in case of any repeated defaults shall be ‘twice the amount of fine’, in addition to any imprisonment for such default under the relevant provisions of the Act, if prescribed and it does not make the ‘imprisonment mandatory’.

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