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[Cites 0, Cited by 0] [Section 625] [Entire Act]

Union of India - Subsection

Section 625(4) in The Companies Act, 1956

(4)The Magistrate may, by the order directing payment of the compensation under sub-section (3), further order that, in default of payment, the shareholder ordered to pay such compensation shall suffer simple imprisonment for a term not exceeding two months.