TMI BlogAmendment of section 157.X X X X Extracts X X X X X X X X Extracts X X X X ..... rincipal Act, for sub-section (2), the following sub-section shall be substituted, namely:- "(2) If any company fails to furnish the Director Identification Number under sub-section (1), such compan ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... failure, with a further penalty of one hundred rupees for each day after the first during which such failure continues, subject to a maximum of one lakh rupees.".
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