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In case of repeated default committed for the second or subsequent occasions within a period of three years, what is the punishment under the Companies Act 2013?
  • a)
    A warning letter from the Registrar
  • b)
    A fine twice the amount of the previous penalty
  • c)
    Suspension from office for a specified period
  • d)
    Termination of directorship
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
In case of repeated default committed for the second or subsequent occ...
Section 451 of the Companies Act 2013 states that for repeated defaults committed for the second or subsequent occasions within a period of three years, the company and every officer in default shall be punishable with a fine twice the amount of the previous penalty, in addition to any imprisonment.
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In case of repeated default committed for the second or subsequent occasions within a period of three years, what is the punishment under the Companies Act 2013?a)A warning letter from the Registrarb)A fine twice the amount of the previous penaltyc)Suspension from office for a specified periodd)Termination of directorshipCorrect answer is option 'B'. Can you explain this answer?
Question Description
In case of repeated default committed for the second or subsequent occasions within a period of three years, what is the punishment under the Companies Act 2013?a)A warning letter from the Registrarb)A fine twice the amount of the previous penaltyc)Suspension from office for a specified periodd)Termination of directorshipCorrect answer is option 'B'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about In case of repeated default committed for the second or subsequent occasions within a period of three years, what is the punishment under the Companies Act 2013?a)A warning letter from the Registrarb)A fine twice the amount of the previous penaltyc)Suspension from office for a specified periodd)Termination of directorshipCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for In case of repeated default committed for the second or subsequent occasions within a period of three years, what is the punishment under the Companies Act 2013?a)A warning letter from the Registrarb)A fine twice the amount of the previous penaltyc)Suspension from office for a specified periodd)Termination of directorshipCorrect answer is option 'B'. Can you explain this answer?.
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