Month: May 2011

PENALTIES UNDER INDIAN COMPANIES ACT.

PENALTIES UNDER INDIAN COMPANIES ACT.

PENALTIES UNDER INDIAN COMPANIES ACT. BY CA A. K. JAIN Indian Companies Act 1956 provides a range of obligations to be discharged by every company registered under this act and also on the part of its Directors / Managers / Secretaries, etc. The law relating to penalties arising from non-compliance of various legalities is provided in tabulated format here in below. The basic knowledge of the Company Law is essential for every company director to avoid superfluous annoyance arising from lack of...

Read more →