Company and Officers Penalized for Violations of Companies Act Sections 135 and 134(3)(o); Penalties Compounded Separately.

Compounding of the offences committed under Section 135 r.w. Section 134(3)(o) of the Companies Act, 2013 - offense compounded - The Company is directed to pay the penalty from its accounts but the two officers in default shall pay the penalty from their own resources. .....

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