(1) In accordance with this Act, any details, information or information to be provided by the company to the office or information to be provided to the company by the officers or shareholders, if any deadline is set in this Act, the director of the relevant company or who has the duty to provide such details, information or information within such deadline. The officer or shareholder should provide such details, information or information to the office or the company.
(2) The registrar shall fine the directors of the following companies or their officers who do not provide the details, information, information or answers as per section 51, 78, 80, 120, 131 or 156 within the time limit as per sub-section (1) as follows:-
(a) For three months from the date of payment, one thousand rupees in the case of a company with a paid-up capital of up to twenty-five lakh rupees, two thousand rupees in the case of a company with a paid-up capital up to one crore rupees, and five thousand rupees in the case of a company with a paid-up capital of more than that,
(b) For an additional three months from the date of payment as per clause (a), one thousand five hundred rupees in case of a company with a paid-up capital of up to twenty-five lakh rupees, three thousand rupees in case of a company with a paid-up capital of up to one crore rupees, and seven thousand rupees in case of a company with a paid-up capital of more than that. Rs (c) For an additional six months after payment of the term as per Clause (b), two thousand five hundred rupees in case of a company with a paid-up capital of up to twenty-five lakh rupees, five thousand rupees in case of a company with a paid-up capital of up to one crore rupees and ten thousand rupees in case of a company with a paid-up capital of more than that. ,
(d) In case of paying the due date as per Clause (c), in the case of a company with a paid-up capital of up to twenty-five lakh rupees, five thousand rupees for each year, in the case of a company with a paid-up capital of up to one crore rupees, ten thousand rupees for each year and in case of a company with a paid-up capital of more than Rs. For twenty thousand rupees.
(3) In the case of a company that does not distribute profits and does not provide such details, information or information within the time limit as per sub-section (1), the contract of such companyDrivers or officials will be fined the same as a company with a paid-up capital of up to one crore rupees.
(4) Any director, officer or shareholder who has to pay a fine as per sub-section (2) shall submit the details to be sent to the fine office or the relevant company.
(5) In accordance with sub-section (2), the period of payment shall be calculated from the date of commencement of this Act.
(6) The director of the company or its officers or shareholders who do not provide other details, information or information to be sent to the office in accordance with this Act shall be fined at the rate of two hundred rupees for every one month after the expiry of the deadline for providing such details, information or information. . But such fine will not exceed one thousand rupees in a financial year.