Sections | Particulars |
---|---|
Chapter XI | Appointment and Qualifications Of Directors |
159 | Punishment for contravention |
Description | Obligation to indicate Director Identification Number. If any individual or director of a company, contravenes any of the provisions of section 152, section 155 and section 156, such individual or director of the company shall be punishable with imprisonment for a term which may extend to six months or with fine which may extend to fifty thousand rupees and where the contravention is a continuing one, with a further fine which may extend to five hundred rupees for every day after the first during which the contravention continues. |
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