Chapter XXIX Miscellaneous (447 – 470)
Section 451- Punishment in case of repeated default
If a company or an officer of a company commits an offence punishable either with fine or with imprisonment and where the same offence is committed for the second or subsequent occasions within a period of three years, then, that company and every officer of the company who is in default shall be punishable with twice the amount of fine for such offence in addition to any imprisonment provided for that offence.
Tags: Annual General Meeting, Central Government, Company, Law, Punishment, Share capital, Site of Special Scientific Interest
