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[Cites 0, Cited by 0] [Section 550] [Entire Act]

Union of India - Subsection

Section 550(4) in The Companies Act, 1956

(4)If any person acts in contravention of any such rules or of any direction of the Central Government thereunder, he shall be punishable with imprisonment for a term which may extend to six months, or with fine which may extend to [fifty thousand rupees] [ Substituted by Act 53 of 2000, Section 209, for " five thousand rupees" (w.e.f. 13.12.2000).], or with both.