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[Cites 0, Cited by 0] [Section 203] [Entire Act]

Union of India - Subsection

Section 203(7) in The Companies Act, 1956

(7)If any person acts in contravention of an order made under this section, he shall, in respect of each offence, be punishable with imprisonment for a term, which may extend to two years, or with fine which may extend to [fifty thousand rupees] [ Substituted by Act 53 of 2000, Section 89, for " five thousand rupees" (w.e.f. 13.12.2000).], or with both.