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What is the consequence of not complying with the maintenance of proper books of account under Section 128(6) of the Companies Act, 2013?
  • a)
    The company will be dissolved.
  • b)
    The company's assets will be seized.
  • c)
    The responsible individuals may face imprisonment or fine.
  • d)
    The company will lose its registration.
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
What is the consequence of not complying with the maintenance of prope...
Non-compliance with the maintenance of proper books of account, as per Section 128(6), may lead to the responsible individuals, such as managing directors, Chief Financial Officers, or other designated persons, facing imprisonment for up to 1 year or a fine ranging from Rs 50,000 to Rs 5 lakhs, or both.
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What is the consequence of not complying with the maintenance of proper books of account under Section 128(6) of the Companies Act, 2013?a)The company will be dissolved.b)The company's assets will be seized.c)The responsible individuals may face imprisonment or fine.d)The company will lose its registration.Correct answer is option 'C'. Can you explain this answer?
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What is the consequence of not complying with the maintenance of proper books of account under Section 128(6) of the Companies Act, 2013?a)The company will be dissolved.b)The company's assets will be seized.c)The responsible individuals may face imprisonment or fine.d)The company will lose its registration.Correct answer is option 'C'. 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 What is the consequence of not complying with the maintenance of proper books of account under Section 128(6) of the Companies Act, 2013?a)The company will be dissolved.b)The company's assets will be seized.c)The responsible individuals may face imprisonment or fine.d)The company will lose its registration.Correct answer is option 'C'. 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 What is the consequence of not complying with the maintenance of proper books of account under Section 128(6) of the Companies Act, 2013?a)The company will be dissolved.b)The company's assets will be seized.c)The responsible individuals may face imprisonment or fine.d)The company will lose its registration.Correct answer is option 'C'. Can you explain this answer?.
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