Amendment of section 121.

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..... rincipal Act, for sub-section (3), the following sub-section shall be substituted, namely:- "(3) If the company fails to file the report under sub-section (2) before the expiry of the period specifi .....

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..... d in case of continuing failure, with a further penalty of five hundred rupees for each day after the first during which such failure continues, subject to a maximum of one lakh rupees.". -
Statu .....

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