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Companies Law - Highlights / Catch Notes

Home Highlights November 2018 Year 2018 This

Compounding of the offences committed under Section 135 r.w. ...


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

November 27, 2018

Case Laws     Companies Law     Tri

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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