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Contravention of sec 191
whether director is liable to penalty of ₹100000 or ₹25000 which may be extended to ₹100000?
Replies (1)
Section envisaged a flat penalty of 1lac, not a variable amount.
So i would suggest you that whatever is written in law take here "literal construction" to interpret that.
So i would suggest you that whatever is written in law take here "literal construction" to interpret that.
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