valid as on 13/01/2019

Section 86.Punishment for contravention.
Effective from 12-09-2013

 If any  contravenes any provision of this Chapter, the company shall be punishable with fine which shall not be less than one lakh rupees but which may extend to ten lakh rupees and every  of the company who is in default shall be punishable with imprisonment for a term which may extend to six months or with fine which shall not be less than twenty-five thousand rupees but which may extend to one lakh rupees, or with both.

 If any person wilfully furnishes any false or incorrect information or knowingly suppresses any material information, required to be registered in accordance with the provisions of section 77, he shall be liable for action under section 447.

Numbered vide the Companies (Amendment) Ordinance, 2018 dated 02.11.2018. To view the Ordinance, Click Here
Company means a company incorporated under this Act or under any previous company law
2(59) Officer includes any director, manager or key managerial personnel or any person in accordance with whose directions or instructions the Board of Directors or any one or more of the directors is or are accustomed to act
Inserted vide the Companies (Amendment) Ordinance, 2018 dated 02.11.2018. To view the Ordinance, Click Here

Enforcement notification S.O.2754 (E) dated 12/09/2013


The Companies (Amendment) Ordinance, 2018 dated 02.11.2018


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