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Union of India - Section

Section 501 in The Companies Act, 1956

501. Notice of resolutions passed by creditors' meeting to be given to Registrar .-

(1)Notice of any resolution passed at a creditors' meeting in pursuance of section 500 shall be given by the company to the Registrar within ten days of the passing thereof.
(2)If default is made in complying with sub-section (1), the company, and every officer of the company who is in default, shall be punishable with fine which may extend to [five hundred rupees] for every day during which the default continues.For the purposes of this section, a Liquidator of the company shall be deemed to be an officer of the company.