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Union of India - Section

Section 37 in The Companies (Amendment) Act, 2020

37. Amendment of section 184.

In section 184 of the principal Act, in sub-section (4), for the words "punishable with imprisonment for a term which may extend to one year or with fine which may extend to one lakh rupees, or with both", the words "liable to a penalty of one lakh rupees" shall be substituted.