Mera Samvidhaan All of Companies Act, 2013

Chapter XXIX · Miscellaneous

454A6[Penalty for repeated default.

Section 454A · Chapter XXIX · page 246 of the Act

Where a company or an officer of a company or any other person having already been subjected to penalty for default under any provisions of this Act, again commits such default within a period of three years from the date of order imposing such penalty passed by the adjudicating officer or the Regional Director, as the case may be, it or he shall be liable for the second or subsequent defaults for an amount equal to twice the amount of penalty provided for such default under the relevant provisions of this Act.]

6 Ins. by Act 22 of 2019, s. 43 (w.e.f. 2-11-2018).

Section 454A of The Companies Act, 2013 is reproduced in full above, as printed by India Code, with its footnotes and amendment markers. Read the whole Act, or browse every Act on Mera Samvidhaan.