In section 247 of the principal Act, in sub-section (3), for the words "punishable with fine which shall not be less than twenty-five thousand rupees but which may extend to one lakh rupees ", the words "liable to a penalty of fifty thousand rupees " shall be substituted.
Chapter I — Full Text
Section 45
Amendment of section 247
Printed from Law on Tips • The Companies (Amendment) Act, 2020