Default in holding the annual general meeting Section 99



Posted on 17-04-2016        By ADMIN



Default in holding the annual general meeting Section 99 - companies act 2013 meeting notes

Section 99 provides that if any default is made in complying or holding a meeting of the company, the company and every officer of the company who is in default shall be punishable with fine which may extend to 1 lakh and in case of continuing default, with a further fine which may extend to Rs. 5,000/- for each day during which such default continues. 




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