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Companies Law - Highlights / Catch Notes

Home Highlights August 2020 Year 2020 This

Whether Tribunal (NCLT) can impose the compounding fees u/s ...

Companies Law

August 26, 2020

Whether Tribunal (NCLT) can impose the compounding fees u/s 441(1) of the Act, less than minimum prescribed for the offence u/s 165 (1) read with Section 165(6)? - the Tribunal has no jurisdiction to reduce the fine less than the minimum fine prescribed for the offence - AT

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