valid as on 29/09/2020

Section 86.Punishment for contravention.
Effective from 12-09-2013 and font in blue w.e.f., 02.11.2018

  If any company is in default in complying with any of the provisions of thisChapter, the company shall be liable to a penalty of five lakh rupees and every officerof the company who is in default shall be liable to a penalty of fifty thousand rupees.

 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.

Substituted vide Companies (Amendment) Act, 2020 dated 28.09.2020, yet to be notified. To view the notification, Click Here
Numbered vide the Companies (Amendment) Act, 2019 dated 31.07.2019 w.e.f., 02.11.2018. To view the Amendment Act, 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) Act, 2019 dated 31.07.2019 w.e.f., 02.11.2018. To view the Amendment Act, Click Here

Companies (Amendment) Act, 2020 dated 28.09.2020


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


The Companies (Amendment) Act, 2019 dated 31.07.2019


The Companies (Amendment) Ordinance, 2018 dated 02.11.2018 [repealed vide the Companies (Amendment) Ordinance, 2019]


The Companies (Amendment) Ordinance, 2019 dated 12.01.2019 w.e.f., 02.11.2018


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