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According to Section 441 of the Companies Act 2013, who has the authority to compound certain offences with a maximum fine not exceeding five lakh rupees?
  • a)
    Regional Director
  • b)
    National Company Law Tribunal
  • c)
    Special Court
  • d)
    Registrar
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
According to Section 441 of the Companies Act 2013, who has the author...
As per Section 441, offences punishable with a fine not exceeding five lakh rupees can be compounded by the Regional Director. This allows for the imposition of penalties without the need for a lengthy legal process in cases where the gravity of the offence is not very high.
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According to Section 441 of the Companies Act 2013, who has the authority to compound certain offences with a maximum fine not exceeding five lakh rupees?a)Regional Directorb)National Company Law Tribunalc)Special Courtd)RegistrarCorrect answer is option 'A'. Can you explain this answer?
Question Description
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