Section 28 - Amendment of section 191. - Companies (Amendment) Act, 2019

Amendment of section 191. 28. In section 191 of the principal Act, for sub-section (5), the following sub-section shall be substituted, namely:- (5) If a director of the company makes any default in complying with the provisions of this section, such director shall be liable to a penalty of one lakh rupees. .