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TMI BlogAdjudication of penaltiesX X X X Extracts X X X X X X X X Extracts X X X X ..... nner as may be prescribed. (2) The Central Government shall while appointing adjudicating officers, specify their jurisdiction in the order under sub-section (1). 1 [ (3) The adjudicating officer may, by an order- (a) impose the penalty on the company, the officer who is in default, or any other person, as the case may be, stating therein any non-compliance or default under the relevant ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ] . (5) Any person aggrieved by an order made by the adjudicating officer under sub-section (4) may prefer an appeal to the Regional Director having jurisdiction in the matter. (6) Every appeal under sub-section (5) shall be filed within sixty days from the date on which the copy of the order made by the adjudicating officer is received by the aggrieved person and shall be in such form, mann ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e may be, ] within a period of ninety days from the date of the receipt of the copy of the order, such officer shall be punishable with imprisonment 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. ********* Notes 1. Substituted vide THE COMPANIES (AMENDMENT) ACT, 2019 w ..... X X X X Extracts X X X X X X X X Extracts X X X X
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